Harmonic Q3 Adj. EPS $0.23 Beats $0.17 Estimate, Sales $148.838M Beat $131.090M Estimate

Benzinga Newsdesk 19 hours ago

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Harmonic (NASDAQ:HLIT) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.17 by 35.29 percent. This is a 91.67 percent increase over earnings of $0.12 per share from the same

Harmonic (NASDAQ:HLIT) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.17 by 35.29 percent. This is a 91.67 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $148.838 million which beat the analyst consensus estimate of $131.090 million by 13.54 percent. This is a 4.53 percent increase over sales of $142.382 million the same period last year.

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