SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Harmonic Inc. (HLIT) on Monday reported net income of $2.7 million in its third quarter.
On a per-share basis, the San Jose, California-based company said it had net income of 2 cents. Earnings, adjusted for stock option expense and pretax expenses, came to 12 cents per share.
The video services provider posted revenue of $142.4 million in the period.
For the current quarter ending in December, Harmonic expects its per-share earnings to range from 6 cents to 12 cents.
The company said it expects revenue in the range of $133 million to $147 million for the fiscal fourth quarter.
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