Harmonic (HLIT) Tops Q3 Earnings and Revenue Estimates

Harmonic (HLIT) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30%. A quarter ago, it was expected that this video services provider would post earnings of $0.04 per share when it actually produced earnings of $0.08, delivering a surprise of 100%.Over the last four quarters, the co ...