Harmonic (NASDAQ:HLIT) reported its Q2 earnings results on Monday, August 1, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Harmonic beat estimated earnings by 77.78%, reporting an EPS of $0.16 versus an estimate of $0.09.
Revenue was up $44.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 12.91% increase in the share price the next day.
Here’s a look at Harmonic’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.04 | 0.13 | 0.03 | |
| EPS Actual | 0.08 | 0.16 | 0.09 | 0.05 |
| Revenue Estimate | 136.40M | 149.02M | 117.83M | 107.52M |
| Revenue Actual | 147.44M | 155.80M | 126.32M | 113.45M |
To track all earnings releases for Harmonic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
