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Benzinga
Benzinga
Business
Avi Kapoor

YOU WONT BELIEVE: Harmonic analysts slash their forecasts after q2 earnings - You Need To See This

Munich,,Bavaria,,Germany,-,March,31,2023:,Harmonic,Inc.,Is

Harmonic Inc. (NASDAQ:HLIT) posted better-than-expected second-quarter earnings, but issued third-quarter guidance below estimates on Monday.

Harmonic reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 3 cents per share. The company reported quarterly sales of $138.027 million which beat the analyst consensus estimate of $128.728 million.

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