Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Harmonic Inc and its officers or directors, following disappointing financial results and guidance that fell short of analyst expectations [1][2]. Financial Performance - Harmonic reported its fourth quarter and fiscal year results for 2025, forecasting earnings per share (EPS) for Q1 2025 in the range of $0.02 to $0.08, with revenue expected between $120 million to $135 million, significantly below analyst projections of $0.12 EPS and $149.39 million in revenue [2]. - For the full year 2025, Harmonic provided guidance of EPS between $0.43 to $0.68 and revenue of $585 million to $645 million, missing consensus estimates of $0.87 EPS and $720.73 million in revenue [2]. Stock Market Reaction - Following the announcement of the financial results and guidance, Harmonic's stock price dropped by $1.70 per share, or 15.29%, closing at $9.42 per share on February 11, 2025 [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Harmonic Inc. - HLIT