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Harmonic's Ultra HD Solution to Deliver Live Sports Coverage
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Harmonic Inc. (HLIT - Free Report) recently announced that TF1 — a major French TV channel — has selected its Ultra HD (UHD) contribution and distribution solution for broadcasting purpose. Harmonic's platform will enable TF1 to deliver live UHD coverage of popular sports events directly to French service providers.
Harmonic’s UHD solution enables operators to deliver high-quality video with greater bandwidth efficiency. Notably, the company’s ViBE CP9000 HD/UHD contribution solution is deployed at the front end of the TF1 broadcast chain. This helps in the creation of pristine compressed video besides saving bandwidth capacity.
Whether simplifying OTT video delivery via innovative cloud and software-as-a-service (SaaS) technologies or powering the delivery of gigabit internet cable services, Harmonic seems to be changing the way media companies and service providers monetize live and VOD content on every screen. We believe the company’s strong focus in developing innovative products and solutions for media companies and service providers along with its market diversity bodes well for future growth.
Generally, operator's ability to deliver more HD services leads to an improvement in the company’s position within the marketplace and increases revenues. Harmonic looks promising on this front as well. In the past six months, this Zacks Rank #3 (Hold) company has outperformed the industry it belongs to. The stock has gained 2.4% against the industry’s 6.3% decline.
However, the company’s recent earnings streak has failed to impress investors. Harmonic has a choppy earnings surprise history with only two beats over the trailing four quarters.
Comtech Telecommunications surpassed estimates in the preceding four quarters, with an average positive earnings surprise of 123.70%.
Corning Incorporated exceeded estimates in the trailing four quarters, with an average positive earnings surprise of 4.37%.
Avnet has outpaced estimates in the preceding four quarters, with an average earnings surprise of 7.68%.
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It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Harmonic's Ultra HD Solution to Deliver Live Sports Coverage
Harmonic Inc. (HLIT - Free Report) recently announced that TF1 — a major French TV channel — has selected its Ultra HD (UHD) contribution and distribution solution for broadcasting purpose. Harmonic's platform will enable TF1 to deliver live UHD coverage of popular sports events directly to French service providers.
Harmonic’s UHD solution enables operators to deliver high-quality video with greater bandwidth efficiency. Notably, the company’s ViBE CP9000 HD/UHD contribution solution is deployed at the front end of the TF1 broadcast chain. This helps in the creation of pristine compressed video besides saving bandwidth capacity.
Whether simplifying OTT video delivery via innovative cloud and software-as-a-service (SaaS) technologies or powering the delivery of gigabit internet cable services, Harmonic seems to be changing the way media companies and service providers monetize live and VOD content on every screen. We believe the company’s strong focus in developing innovative products and solutions for media companies and service providers along with its market diversity bodes well for future growth.
Generally, operator's ability to deliver more HD services leads to an improvement in the company’s position within the marketplace and increases revenues. Harmonic looks promising on this front as well. In the past six months, this Zacks Rank #3 (Hold) company has outperformed the industry it belongs to. The stock has gained 2.4% against the industry’s 6.3% decline.
However, the company’s recent earnings streak has failed to impress investors. Harmonic has a choppy earnings surprise history with only two beats over the trailing four quarters.
Key Picks
Some better-ranked stocks from the same space include Comtech Telecommunications Corp. (CMTL - Free Report) , Corning Incorporated (GLW - Free Report) and Avnet, Inc. (AVT - Free Report) . While Comtech Telecommunications sports a Zacks Rank #1 (Strong Buy), Corning and Avnet carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech Telecommunications surpassed estimates in the preceding four quarters, with an average positive earnings surprise of 123.70%.
Corning Incorporated exceeded estimates in the trailing four quarters, with an average positive earnings surprise of 4.37%.
Avnet has outpaced estimates in the preceding four quarters, with an average earnings surprise of 7.68%.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>