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 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.
