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Market Impact: 0.34

Harmonic (HLIT) Beats Q1 Earnings and Revenue Estimates

HLIT
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Harmonic (HLIT) reported quarterly EPS of $0.17, beating the Zacks Consensus Estimate of $0.12 by $0.05, and improving from $0.11 per share a year ago. The result is a modest earnings beat with year-over-year earnings growth, which should be supportive for the stock but is not transformative.

Analysis

Harmonic (HLIT) reported quarterly EPS of $0.17, beating the Zacks Consensus Estimate of $0.12 by $0.05, and improving from $0.11 per share a year ago. The result is a modest earnings beat with year-over-year earnings growth, which should be supportive for the stock but is not transformative.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.42

Ticker Sentiment

HLIT0.35