David Hanover
Investor Relations
Replay available
Harmonic Inc. (NASDAQ: HLIT) Q4 2025 earnings conference call, held 2026-02-19. Replay captured from the company's public earnings webcast.

Investor Relations
President and CEO
Chief Financial Officer
Analyst at Raymond James
Analyst at Needham & Company
Analyst at Wolf Research
Analyst at Rosenblatt Securities
Welcome to the fourth quarter and full year 2025 Harmonic Earnings Conference call. My name is Michelle, and I'll be your operator for today's call. All participants will be in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question, please press star 1-1 on your touchtone phone. Please note that this conference is being recorded. I'll now turn the call over to David Hanover, Investor Relations. David, you may begin. Thank you, Operator. Hello, everyone, and thank you for joining us today for Harmonic's fourth quarter and full year 2025 Financial Results Conference Call. With me today are Nimrod Ben-Natan, President and CEO, and Walter Jankovic, Chief Financial Officer. Before we begin, I'd like to point out that in addition to the audio portion of the webcast, we've also provided slides for this webcast, which you may view by going to our webcast on our Investor Relations website. Now turning to slide two. During this call, we will provide projections and other forward-looking statements regarding future events or future financial performance of the company. Such statements are only current expectations and actual events or results may differ materially. We refer you to documents, harmonic files of the SEC, including our most recent 10Q and 10K reports in the forward-looking statements section of today's preliminary results press release. These documents identify important risk factors which can cause actual results to differ materially from those contained in our projections or forward-looking statements. And please note that unless otherwise indicated, the financial metrics we provide you on this call are determined on a non-GAAP basis. These metrics, together with corresponding GAAP numbers and a reconcil...