Harmonic Sees Q1 2024 Revenue $121M-$123M Vs $122.080M Est.
Portfolio Pulse from Benzinga Newsdesk
Harmonic Inc. projects its Q1 2024 revenue to be in the range of $121M-$123M, which is around the analyst estimate of $122.080M.
April 08, 2024 | 8:34 pm
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Harmonic Inc. expects its Q1 2024 revenue to be between $121M and $123M, closely matching the analyst estimate of $122.080M.
Harmonic's revenue forecast for Q1 2024 is very close to the analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral impact on the stock price in the short term, as there are no significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100