Drexel Hamilton Upgrades Harmonic Inc. (HLIT) to Buy

Go back to Drexel Hamilton Upgrades Harmonic Inc. (HLIT) to Buy

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