May. 25 at 9:54 PM
$HLIT (~
$1.65B market cap) powers the core software behind US cable network upgrades, covering 95%+ of the market.
AI-driven traffic is surging, with upstream growth at 21.7% annually, pushing legacy cable limits. DOCSIS 4.0 upgrades speeds from 1Gbps to 10Gbps and is becoming mandatory for Tier-1 operators.
Comcast, Charter, and Cox all run HLIT’s cOS platform, spanning 150 customers and 45.7M modems.
Charter alone committed
$5.5B to the upgrade cycle, with every node requiring HLIT licensing.
Q1 revenue grew 43% YoY, backlog hit
$582M (+87% YoY), ~1.2x full-year guidance, locking in the cycle.
Beyond AI hype, a critical “data toll booth” is already forming.
$HLIT $CMCSA $CHTR $CALX
