Harmonic (HLIT) Tops Q3 EPS by 2c

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Go back to Harmonic (HLIT) Tops Q3 EPS by 2c

Harmonic Announces Third Quarter 2014 Results

October 28, 2014 4:03 PM EDT

SAN JOSE, Calif., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Harmonic Inc. (Nasdaq: HLIT), the worldwide leader in video delivery infrastructure, announced today its preliminary and unaudited results for the third quarter of 2014.

Net revenue for the third quarter of 2014 was $108.1 million, compared with $109.6 million for the second quarter of 2014 and $122.9 million for the third quarter of 2013.

Bookings for the third quarter of 2014 were $97.8 million, compared with $113.4 million for the second quarter of 2014 and $115.9 million for the third quarter of 2013.

Total backlog and deferred revenue was $116.6 million as of September 26, 2014, compared to $132.1 million as of... More