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Harmonic, Inc. (HLIT) Reports In-Line Q1 EPS; Guides Q2 Sales; Approves $25M Buyback

April 24, 2012 4:27 PM
Harmonic, Inc. (NASDAQ: HLIT) reported Q1 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $127.7 million versus the consensus estimate of $129.25 million.

Sees Q2 sales of $130 - $140 million, versus $137 consensus.

The Company approved at $25 million buyback.

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

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Earnings Guidance Stock Buybacks