Harmonic Appoints Harold Covert as New Chief Financial Officer

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Harmonic (HLIT) Reports In-Line Q3 EPS; New CFO Appointed

October 28, 2015 9:17 AM EDT

Harmonic (NASDAQ: HLIT) reported Q3 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $82.23 million.

Harmonic sees Q4 2015 revenue of $78-88 million, versus the consensus of $92.6 million.

The company also announced Carolyn Aver, chief financial officer, is leaving the company. Effective immediately, Harold "Hal" Covert is appointed to the position of chief financial officer. Ms. Aver will... More