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Wednesday, January 18, 2023 by Christoph.Schmid|Comment 0
within category Harmonic,HLIT,Semiconductors,Communications & Networking,Investment opportunities 2023
Harmonic Inc. provides next-gen technology in the streaming business. HLIT delivered 10 consecutive top-and-bottom-line earnings that beat capitalizing on market trends and excellent business strategies. Harmonic Inc. reported Q3 EPS of $0.13, which beat by $0.03, and revenue of $155.74, which beat by nearly 24% Y/Y. Strong earnings and the popularity of streaming prompted the company to expand its customer footprint to Latin America, EMEA, and APAC, on the heels of high-profile live sporting events. Latin America has one of the fastest-growing streaming markets, so HLIT teamed with DirecTV GO to deliver ultra-fast services.
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