Harmonic, Inc. (HLIT) Misses Q2 EPS by 2c
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Harmonic Announces Second Quarter 2014 Results
July 28, 2014 4:50 PM EDTSAN JOSE, Calif., July 28, 2014 (GLOBE NEWSWIRE) -- Harmonic Inc. (Nasdaq: HLIT), the worldwide leader in video delivery infrastructure, announced today unaudited results for the second quarter of 2014 which are in line with the preliminary results disclosed in the Company's press release dated July 14, 2014.
Net revenue for the second quarter of 2014 was $109.6 million, compared with $108.0 million for the first quarter of 2014 and $117.1 million for the second quarter of 2013. As previously announced, revenue for the second quarter of 2014 was adversely impacted by a global slowdown in the Company's video products business, particularly in EMEA and... More
