Best High Tech Stocks To Watch For 2015: Harmonic Inc.(HLIT)
Harmonic Inc. designs, manufactures, and sells video infrastructure products and system solutions to create, prepare, and deliver a range of video services for television and media platforms in the united States and internationally. Its products include video production platforms and playout solutions, such as video servers used by broadcasters, content owners, and multi-channel network operators to create and play-to-air television channels; video-optimized storage, which provides storage capacity and access bandwidth to support media production applications comprising video editing, content transformation, and media library management; and media applications that provide media integrated management and workflow control over content stored on its systems. The company offers video processing products, including broadcast encoders; contribution and distribution encoders; stream processing and statistical multiplexing solutions; content preparation and delivery for multi-scr een applications; decoders and descramblers; and management and control software. It also provides edge products that integrate routing, multiplexing, scrambling, and modulation into a single package; optical transmitters and amplifiers, which operates at various optical wavelengths and serves long-haul and local transport applications in the cable distribution network; optical nodes to supports network architectures for bandwidth delivered to a service area; and return path transmitters that support two-way transmission capabilities for analog or digital transport. In addition, the company offers technical support and professional services, such as maintenance and support; and consulting, implementation, and integration services. Harmonic Inc. sells its products through direct sales force, independent distributors, and integrators to cable, satellite and telco, and broadcast! and media companies. The company was founded in 1988 and is headquartered in San Jose, California. Advisors' Opinion:
- [By David Goodloe]
Ross sold all 248,058 of his shares in Harmonic Inc (HLIT), a California-based company that develops and markets video routing, server and storage products for companies that produce, process and distribute video content for television and the Internet. The shares were sold for an average price of $6.46, and the sale had a -0.14% impact on his portfolio.
- [By Anna Prior]
Harmonic Inc.(HLIT) lowered its guidance for the second quarter as the video infrastructure services company said it has seen decreased demand in its video business. Shares fell 13% to $6.21 premarket.
source from Top Stocks For 2015:http://www.topstocksblog.com/best-high-tech-stocks-to-watch-for-2015-3.html
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