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Harmonic press release ( NASDAQ: HLIT ): FQ1 Non-GAAP EPS of $0.17 (vs. $0.16 Y/Y) beats by $0.02 . Revenue of $164.3M (+5.5% Y/Y) beats by $5.02M . FQ1'23 net revenue of $152M, vs. consensus of $161.87M. For further details see: Harmonic Q4 Non-GAAP EPS, rev...
Harmonic Announces Fourth Quarter and Fiscal 2022 Results PR Newswire Record quarterly total revenue of $164.3 million Broadband revenue up 38% and Video SaaS revenue up 51% year over year SAN JOSE, Calif. , Jan. 30, 2023 /PRNewswire/ -- Harmo...
Summary Small caps outperformed the Nasdaq Composite last year as stocks fell due to the Federal Reserve's efforts to control inflation. Market fears are mounting that the economy may slip into a recession, but there are opportunities in small-cap stocks. The potential risk of a lon...
Harmonic ( NASDAQ: HLIT ) is scheduled to announce Q4 earnings results on Monday, January 30th, after market close. The consensus EPS Estimate is $0.15 (-6.3% Y/Y) and the consensus Revenue Estimate is $159.28M (+2.2% Y/Y). Over the last 2 years, HLIT has beaten EPS estimate...
Summary The Information Technology sector has powered equities higher in 2023. While many of the sector's constituents feature weak 1-year returns, one cable name featured a powerful uptrend with high earnings growth. I see more upside ahead due to a favorable PEG ratio and bullish ...
Harmonic Announces Reporting Date for Fourth Quarter and Full Year 2022 Results PR Newswire SAN JOSE, Calif. , Jan. 17, 2023 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced that it will release its fourth quarter and full year 2022 financial results ...
Summary The beaten-down tech sector ended 2022 with six consecutive quarters of declines, but 2023 could offer upside when the market recovers. In anticipation of a 2023 recession, a contrarian position of buying stocks in the beaten-down tech sector may be just the risk-reward you need...
Harmonic stock ( NASDAQ: HLIT ) is 8.7% higher in the wake of an upgrade to Buy at Jefferies, based on a sunny outlook for the company's CableOS offering and what the firm sees as a likely upcoming customer win at Charter Communications. Harmonic operates in Video and Cable Access...
Harmonic to Participate in the 25th Annual Needham Growth Conference PR Newswire SAN JOSE, Calif. , Jan. 04, 2023 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Patrick J. Harshman , President and CEO of Harmonic, will participate virtually in a...
Shares of Harmonic (NASDAQ: HLIT) are seeing huge gains in Wednesday's trading. The telecommunications equipment company's stock was up roughly 9.5% in the daily session as of 11:40 a.m. ET today following encouraging news from one of its key customers. Charter Communications (N...
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Harmonic Unleashes Fiber Broadband Innovation at Fiber Connect 2024 PR Newswire Harmonic to Showcase Versatile Fiber Solutions That Simplify Deployments and Generate Savings for Service Providers SAN JOSE, Calif. , July 16, 2024 /PRNewswire/ -- Harmonic (...
Harmonic Announces Reporting Date for Second Quarter 2024 Results PR Newswire SAN JOSE, Calif. , July 15, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its second quarter 2024 financial results after the market close on ...