Harmonic Q3 2023 Adj. EPS $0.00 Misses $0.01 Estimate, Revenue $127.2M Misses $132.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Harmonic reported Q3 2023 adjusted EPS of $0.00, missing the estimate of $0.01. The company's revenue was $127.2M, falling short of the $132.88M estimate.
October 30, 2023 | 8:27 pm
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NEGATIVE IMPACT
Harmonic's Q3 2023 earnings missed estimates, with adjusted EPS of $0.00 and revenue of $127.2M, below the expected $0.01 and $132.88M respectively.
Harmonic's Q3 2023 earnings missed both EPS and revenue estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100