Close

Baird Downgrades Harmon International (HAR) to Neutral

Go back to Baird Downgrades Harmon International (HAR) to Neutral

Harman Reports Fourth Quarter and Fiscal 2016 Results

August 4, 2016 8:01 AM EDT

Q4 Net Sales Up 12% to $1.9 Billion; FY Net Sales Up 12% to $6.9 Billion Q4 and FY GAAP EBITDA Up 26%; Q4 and FY Operational EBITDA up 20% FY GAAP EPS Up 3% to $4.99; FY Operational EPS Up 9% to $6.24 Industry-Leading $24.1 Billion Automotive Backlog Issues Guidance for Fiscal 2017 and Provides Longer-Term Outlook

STAMFORD, Conn.--(BUSINESS WIRE)-- Harman International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise... More