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Harmonic Inc Q1 Earnings Summary

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Below are the earnings highlights for Harmonic Inc (HLIT):

Earnings: $5.1 million in Q1 vs. -$1.5 million in the same period last year.
EPS: $0.04 in Q1 vs. -$0.01 in the same period last year.
Excluding items, Harmonic Inc reported adjusted earnings of $14.3 million or $0.12 per share for the period.

Analysts projected $0.08 per share
Revenue: $157.6 million in Q1 vs. $147.4 million in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.04 - $0.06
Next quarter revenue guidance: $161-$171 mln

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