May. 12 at 6:47 PM
$HLIT Harmonic (HLIT) reported Q1 non-GAAP earnings late Monday of
$0.21 per share, up from
$0.11 a year earlier.
Analysts polled by FactSet expected
$0.12.
Net revenue for the quarter ended April 3 rose to
$121.7 million from
$84.9 million a year earlier.
Analysts surveyed by FactSet expected
$102.2 million.
Harmonic expects Q2 non-GAAP EPS for continuing operations of
$0.15 to
$0.19 on revenue of
$115 million to
$125 million.
Analysts project EPS of
$0.12 on revenue of
$112.9 million.
The company expects full-year non-GAAP EPS for continuing operations of
$0.57 to
$0.67 on revenue of
$475 million to
$495 million.
Analysts project EPS of
$0.56 on revenue of
$469.6 million.
