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Harmonic: Q4 Earnings Insights


Benzinga | Jan 31, 2022 04:54PM EST

Harmonic: Q4 Earnings Insights

Harmonic (NASDAQ:HLIT) reported its Q4 earnings results on Monday, January 31, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Harmonic beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13, which surprised analysts.

Revenue was up $24.28 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06, which was followed by a 12.54% increase in the share price the next day.

Here's a look at Harmonic's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.03 0.03 0.15EPS Actual 0.09 0.05 0.04 0.20Revenue Estimate 117.83M 107.52M 102.21M 126.30MRevenue Actual 126.32M 113.45M 111.58M 131.53M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.






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