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Investing.com - Harmonic (NASDAQ: HLIT) reported second quarter EPS of $0.120, $0.01 worse than the analyst estimate of $0.130. Revenue for the quarter came in at $156M versus the consensus estimate of $167.52M.
Guidance
Harmonic sees Q3 2023 EPS of $-0.020-$0.020 versus the analyst consensus of $0.190.
Harmonic sees Q3 2023 revenue of $125.000M-$140.000M versus the analyst consensus of $188.600M.
Harmonic sees FY 2023 EPS of $0.380-$0.520 versus the analyst consensus of $0.690.
Harmonic sees FY 2023 revenue of $620.000M-$660.000M versus the analyst consensus of $723.200M.
Harmonic's stock price closed at $14.920. It is up 10.440% in the last 3 months and up 37.510% in the last 12 months.
Harmonic saw 1 positive EPS revisions and 4 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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