Harmonic Announces First Quarter 2016 Results

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Harmonic (HLIT) Misses Q1 EPS by 8c; Issues Mixed Outlook

May 10, 2016 4:06 PM EDT

Harmonic (NASDAQ: HLIT) reported Q1 EPS of ($0.11), $0.08 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $82.5 million versus the consensus estimate of $83.98 million.

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Harmonic sees Q2 2016 EPS of ($0.05)-($0.02), versus the consensus of $0.00. Harmonic sees Q2... More