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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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.