Harbin Electric Inc.'s (HRBN,HRBN.OB) third-quarter net loss was $1.91 million or $0.07 per share versus a profit of $7.75 million or $0.34 per share last year.
Adjusted net income for the third quarter was $10.95 million or $0.40 per share for the latest quarter. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.21 for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the recent quarter rose to $46.93 million from $39.66 million in the comparable period. Three analysts estimated revenues of $43.82 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.