Harmonic Announces Second Quarter 2016 Results

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Drexel Hamilton Upgrades Harmonic Inc. (HLIT) to Buy

August 10, 2016 6:55 AM EDT

Drexel Hamilton upgraded Harmonic Inc. (NASDAQ: HLIT) from Hold to Buy with a price target of $6.00.

For an analyst ratings summary and ratings history on Harmonic Inc. click here. For more ratings news on Harmonic Inc. click here.

Shares of Harmonic Inc. closed at $3.37 yesterday.

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Harmonic (HLIT) Tops Q2 EPS by 4c; Issues Weak Guidance

August 9, 2016 4:49 PM EDT

Harmonic (NASDAQ: HLIT) reported Q2 EPS of $0.00, $0.04 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $108.8 million versus the consensus estimate of $104.48 million.

GUIDANCE:

Harmonic sees Q3 2016 EPS of ($0.16)-($0.14), versus the consensus of $0.03. Harmonic sees Q3... More