Harmonic Announces Third Quarter 2024 Results

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Jefferies Downgrades Harmonic Inc. (HLIT) to Hold

October 29, 2024 10:50 AM EDT

Jefferies analyst George C. Notter downgraded Harmonic Inc. (NASDAQ: HLIT) from Buy to Hold with a price target of $12.50 (from $14.00).

The analyst comments "Harmonic printed a strong Q3 and guided in-line for the full yeardespite a sizable ramp in expectations... More

Harmonic Inc. (HLIT) PT Lowered to $16 at Rosenblatt

October 29, 2024 6:50 AM EDT

Rosenblatt analyst Steve Frankel lowered the price target on Harmonic Inc. (NASDAQ: HLIT) to $16.00 (from $18.00) while maintaining a Buy rating.

The analyst comments "Harmonic blew away expectations in Q3 and guided to continued strength in Q4, but cautionary comments about some potential customer... More

Harmonic (HLIT) Tops Q3 EPS by 4c, Beats on Revenue

October 28, 2024 4:09 PM EDT

Harmonic (NASDAQ: HLIT) reported Q3 EPS of $0.26, $0.04 better than the analyst estimate of $0.22. Revenue for the quarter came in at $195.8 million versus the consensus estimate of $181.76 million.

For earnings history and earnings-related data on Harmonic (HLIT) click here.

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