Mark your calendars for Monday 28th October 2024, as Harmonic (NASDAQ: HLIT) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
Financial analysts on Wall Street are predicting that the concern is about to reveal an estimated $0.22 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $181.89 million for this period.
In the corresponding quarter of the previous year, the company's earnings report unveiled total revenue reached an impressive $127.2 million during that specific period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $663.35 million. They also believe the company will reach about profit of $0.65 per share for the fiscal year.
The business has scheduled a conference call on 28th October 2024 at 05:00 PM eastern time to discuss Q3 financial results.
During Thursday's trading, Harmonic (HLIT) shares reached a low of $14.42 and a high of $14.72, along with a total volume of 573.90 thousand shares. The stock ended the regular trading session at $14.70, indicating a rise of 1.73 percent.
