Harmonic: Q4 Earnings Insights

Harmonic 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.

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.

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 2020
EPS Estimate	0.03		0.03	0.15
EPS Actual	0.09	0.05	0.04	0.20
Revenue Estimate	117.83M	107.52M	102.21M	126.30M
Revenue Actual	126.32M	113.45M	111.58M	131.53M

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

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