Harmonic (HLIT) Tops Q4 EPS by 2c; Issues Mixed Outlook

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Go back to Harmonic (HLIT) Tops Q4 EPS by 2c; Issues Mixed Outlook

Harmonic Announces Fourth Quarter and Year End 2015 Results

February 16, 2016 4:03 PM EST

SAN JOSE, CA -- (Marketwired) -- 02/16/16 --  Harmonic Inc. (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, announced today its preliminary and unaudited results for the fourth quarter and fiscal year ended December 31, 2015.

Net revenue for the fourth quarter of 2015 was $86.6 million, compared with $83.3 million for the third quarter of 2015 and $107.9 million for the fourth quarter of 2014. For the full year 2015, net revenue was $377.0 million, compared with $433.6 million for 2014.

Bookings for the fourth quarter of 2015 were $101.0 million, compared with $74.6 million for the third quarter of... More