Why Harmonic Stock Is Soaring Today

Why Harmonic Stock Is Soaring Today
·2 min read

Investors were excited about Harmonic's results because the company generated adjusted earnings per share (EPS) of $0.05. Harmonic's Q2 revenue grew 53% year over year to $113.4 million. The growth was driven by demand for its cable access segment, which hit $50.1 million in revenue last quarter, growing 89% year over year.

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