Benzinga | May 3, 2021 04:14PM EDT

Harmonic Q1 Adj. EPS $0.04 Beats $0.03 Estimate, Sales $111.60M Beat $102.21M Estimate

Harmonic (NASDAQ:HLIT) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $0.03 by 33.33 percent. This is a 140 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $111.60 million which beat the analyst consensus estimate of $102.21 million by 9.19 percent. This is a 42.32 percent increase over sales of $78.42 million the same period last year.