Harmonic Sees Q4 GAAP EPS $0.26-0.31 vs $0.20 Est; Sees Sales $205.000M-$220.000M.
Portfolio Pulse from Benzinga Newsdesk
Harmonic (NASDAQ:HLIT) has announced its Q4 guidance, projecting GAAP EPS between $0.26 and $0.31, surpassing the analyst estimate of $0.20. The company also anticipates sales ranging from $205 million to $220 million.
October 28, 2024 | 8:13 pm
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Harmonic's Q4 guidance indicates a stronger-than-expected performance with GAAP EPS projected to exceed analyst estimates. Sales are also expected to be robust.
Harmonic's guidance for Q4 shows a significant improvement over analyst expectations, with both EPS and sales figures projected to be higher. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
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