Charter's Earnings Call: Contradictions in CapEx, Order Growth, and Tariff Strategies

Broadband Business Performance:
- Harmonic reported record fiber revenue and Broadband rest of world revenue growth significantly year-over-year.
- This was driven by increased adoption of next-generation broadband networks and strategic customer acquisitions.

Video Segment Expansion:
- The Video segment delivered $51.1 million in revenue, reflecting an 11.6% year-over-year increase.
- Growth was fueled by strong appliance performance, competitive takeout deals, and the expansion of the SaaS streaming business.

Capital Allocation and Share Repurchase:
- Harmonic repurchased an additional $14 million of its outstanding common shares, totaling $50.1 million under the current program.
- The repurchase aligns with the company's capital allocation strategy to return value to shareholders.

Unified DOCSIS 4.0 Advancements:
- Harmonic's Unified DOCSIS 4.0 solution is moving towards real-world deployment, with volume shipments of unified RPDs commencing.
- Progress in customer lab testing and field trials supports operators' transition to higher-speed broadband networks.