Harmonic (HLIT) Misses Q2 EPS by 1c; Guides Below Views

Harmonic (NASDAQ: HLIT) reported Q2 EPS of $0.12, $0.01 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $156 million versus the consensus estimate of $167.52 million.

GUIDANCE:

Harmonic sees Q3 2023 EPS of ($0.02)-$0.02, versus the consensus of $0.19. Harmonic sees Q3 2023 revenue of $125-140 million, versus the consensus of $188.6 million.

Harmonic sees FY2023 EPS of $0.38-$0.52, versus the consensus of $0.69. Harmonic sees FY2023 revenue of $620-660 million, versus the consensus of $723.2 million.

For earnings history and earnings-related data on Harmonic (HLIT) click here.

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