Harmonic Inc. (HLIT) reported a third quarter loss of 0.01 after the close Wednesday, compared to the breakeven result reported last year. The consensus estimate was for EPS of $0.03. The stock is now down 1.10 on 11K shares.
Harmonic rose for much of Wednesday's session and ended the day with a gain of 0.40 at $5.35. The stock climbed to a 2-week high.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.