Harmonic Inc Q1 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : This is Joe Cardoso on for Samik Chatterjee. My first question is on your guidance, kind of more of a clarification. You always obviously spent a large portion of the prepared remarks mentioning the supply constraints and implications on the higher costs. I'm just curious if you guys are seeing any implications on the supply constraints on your top line? And basically, are you being impacted by your ability to supply customers and whether you're baking any of that into your full year guide?

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : I guess, if I could just follow-up there. Are you seeing any implications on your ability to supply customers currently? Or is that not already -- you have not [seen] that yet today?

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : No, I really appreciate the color. And then I guess, just for my second question, and this is more broader. It looks like there's a bunch of initiatives from governments globally in the pipeline, including RDOF and infrastructure plan in the U.S., there's the U.K.'s Project Gigabit and the European Commission's Broadband Project. Just curious to hear your overall thoughts on these government projects in terms of when do you expect them to materialize? And how is Harmonic positioned to benefit from these investments globally?

Question: Joseph Lima Cardoso - JPMorgan Chase & Co, Research Division - Analyst : Congrats on the results.