Harmonic Announces Second Quarter 2019 Results

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Harmonic Inc. (HLIT) PT Raised to $10 at Needham & Company

July 30, 2019 8:48 AM EDT

Needham & Company analyst Richard Valera raised the price target on Harmonic Inc. (NASDAQ: HLIT) to $10.00 (from $7.00) while maintaining a Buy rating.

The analyst commented, "HLIT delivered solid 2Q results, tightened its full year Cable guidance due to the recently signed Comcast CableOS... More

Harmonic (HLIT) Tops Q2 EPS by 3c, Offers Guidance

July 29, 2019 4:52 PM EDT

Harmonic (NASDAQ: HLIT) reported Q2 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $84.9 million versus the consensus estimate of $85.07 million.

GUIDANCE:

Harmonic sees Q3 2019 EPS of $0.16-$0.26, versus the consensus of $0.04. Harmonic sees Q3... More