THIRD QUARTER 2020

EARNINGS CONFERENCE CALL

Patrick Harshman, President & CEO

Sanjay Kalra, CFO

October 26, 2020

©2020 Harmonic Inc. All rights reserved worldwide.

FORWARD-LOOKINGSTATEMENTS

During the course of this presentation, we will provide projections and other forward-looking statements regarding future events or the future financial performance of Harmonic, including expectations concerning our business strategy for 2020 and beyond, and our Q4 and full-year 2020 guidance. Such statements are only current expectations and actual events or results may differ materially. We refer you to Harmonic's filings with the SEC, particularly our most recent Reports on Form 10-K, Form 10-Q and Form 8-K. These documents identify important risk factors that could cause actual results to differ materially from our projections or other forward-looking statements. We will also present financial metrics determined on a "non- GAAP" basis. These items, together with the corresponding GAAP numbers and a reconciliation to GAAP, are contained in this presentation and the related earnings press release on our website at www.harmonicinc.com.

©2020 Harmonic Inc. All rights reserved worldwide.

2

Q3 2020 HIGHLIGHTS

Financial

Cable Access

Video

Results exceeded

Strong growth, extended

Solid customer demand

expectations

market leadership

and revenue rebound

Strong Execution and Market Momentum

©2020 Harmonic Inc. All rights reserved worldwide.

3

CABLE ACCESS SEGMENT UPDATE

STRONG Q3 GROWTH*

  • Revenue $40.3 million, operating margin 14.6%
  • Commercially deployed with 38 operators, up 100% year over year**
  • 2.1 million cable modems served, up 122% year over year

EXTENDING ADDRESSED MARKET AND COMPETITIVE ADVANTAGE

  • New customer wins span the Americas, Asia and Europe
  • Announced powerful new cloud-native and symmetric gigabit solutions
  • Received first volume fiber-to-the-home order

* Non-GAAP

** as of Cable-Tec Expo 2020, October 14, 2020

©2020 Harmonic Inc. All rights reserved worldwide.

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Harmonic Inc. published this content on 26 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2020 20:59:05 UTC