Harmonic (HLIT) Tops Q4 EPS by 4c, Guidance Misses

Harmonic (NASDAQ: HLIT) reported Q4 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $122.2 million versus the consensus estimate of $113.07 million.

GUIDANCE:

Harmonic sees Q1 2020 EPS of ($0.10)-($0.03), versus the consensus of $0.03. Harmonic sees Q1 2020 revenue of $80-90 million, versus the consensus of $99.5 million.

Harmonic sees FY2020 EPS of $0.00-$0.26, versus the consensus of $0.28. Harmonic sees FY2020 revenue of $390-430 million, versus the consensus of $438.8 million.

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

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