FBR Capital Raises Price Target on Harman (HAR) to $90 Following 4Q
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Harman Reports Fourth Quarter and Fiscal 2016 Results
August 4, 2016 8:01 AM EDTQ4 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
