Investing.com - Harmonic (NASDAQ: HLIT) reported second quarter EPS of $0.080, $0.04 better than the analyst estimate of $0.040. Revenue for the quarter came in at $138.7M versus the consensus estimate of $133.66M.
Guidance
Harmonic sees Q3 2024 EPS of $0.190-$0.240 versus the analyst consensus of $0.200.
Harmonic sees Q3 2024 revenue of $175.000M-$190.000M versus the analyst consensus of $180.700M.
Harmonic sees FY 2024 EPS of $0.560-$0.750 versus the analyst consensus of $0.620.
Harmonic sees FY 2024 revenue of $645.000M-$695.000M versus the analyst consensus of $657.000M.
Harmonic's stock price closed at $11.75. It is up 5.860% in the last 3 months and down -21.350% in the last 12 months.
Harmonic saw 1 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See Harmonic's stock price’s past reactions to earnings here.
According to InvestingPro, Harmonic's Financial Health score is "good performance".
Check out Harmonic's recent earnings performance, and Harmonic's financials here.
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