Harmonic (HLIT) Tops Q3 EPS by 7c
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Harmonic Announces Third Quarter 2017 Results
October 30, 2017 4:05 PM EDTSAN JOSE, Calif., Oct. 30, 2017 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT), the worldwide leader in video delivery technology and services, today announced its unaudited results for the third quarter of 2017.
Q3 Financial and Business Highlights
GAAP revenue of $92.0 million up 11.8%, and non-GAAP revenue of $91.6 million up 11.3%, sequentially GAAP and non-GAAP Video revenue of $84.2 million up 14.7%, sequentially GAAP gross margin up 10.0% from 41.1% to 51.1%, and... More