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Harmonic's CEO Presents At UBS Global Technology And Services Conference - Conference Call Transcript

Stocks in this article: HLIT

Harmonic Inc. ( HLIT)

Presentation Conference Call

November 16, 2011 3:30 pm ET

Executives

Patrick Harshman – President, Chief Executive Officer

Carolyn Aver – Chief Financial Officer

Analysts

Presentation

Nikos Theodosopoulos

Thank you, we’re going to get started here. We’re happy to have in this session Harmonic. Presenting for the Company is Patrick Harshman, the CEO. Carolyn Aver is here also. She’ll be attending the break-out afterwards. So with that, let me turn it over to Patrick.

Patrick Harshman

Okay, thanks very much, Nikos, and thank everybody for joining us today. Before I go further, I do need to mention that we may be making forward-looking statements, and I’d refer all of you to our risk statements and our SEC filings.

We at Harmonic think that we are positioned extremely well in terms of some very exciting dynamics that are happening in the marketplace. We look at an accelerating and opportunity rich video economy where we see more and more content being generated. We see more and more competition between aggregators and service providers of this video content, and of course we see more and more ways that consumers are accessing that content both through fixed, mobile networks, managed networks over the top networks. Underpinning all of this is technology and Harmonic’s strategic ambition is to be the leading provider of the enabling video delivery technology that powers this video economy.

We’re pursuing three distinct growth strategies or three elements of our growth plan: new products and applications, international growth, and expansion of our historical customer base to include media customers, broadcast and media companies. And in my short time here, I’d like to tell you a little bit more about each of these strategic initiatives in a little bit more detail.

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