Harmonic Q3 2024 Adj. EPS $0.26 Beats $0.22 Estimate, Sales $195.756M Beat $181.890M Estimate
Portfolio Pulse from Benzinga Newsdesk
Harmonic (NASDAQ:HLIT) reported Q3 2024 earnings per share of $0.26, surpassing the analyst estimate of $0.22. The company's sales reached $195.756 million, exceeding the expected $181.890 million and marking a 53.89% increase from the previous year.
October 28, 2024 | 8:14 pm
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Harmonic's Q3 2024 earnings and sales exceeded expectations, with EPS at $0.26 and sales at $195.756 million, showing significant growth from last year.
Harmonic's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year sales growth further supports a positive outlook for the stock in the short term.
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