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Harmonic Inc  (HLIT)
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EARNINGS REPORT by CSIMarket

Despite Topline Growth Company Lost Money

Harmonic Inc announced third quarter 2018 operating deficit of $-3.651 millions

Mobilfunkantennenanlage_Niwre_at_the_German_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonSales growth of 9.35 % year on year to $101 millions in the third quarter 2018 were not enough to reach break even, company posted loss per share of $-0.09.

Compare to previous quarter increased losses from $-0.03 per share and Sales increased by 1.47 % from $99 millions.

In the third quarter 2018 Harmonic Inc reported net loss of $-8 million, instead of deficit of $-16 millions in the same quarter a year ago.


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A $336.00 million tax benefit, helped Ally Financial Inc to post $-1.63 eps in the forth quarter

A $336.00 million tax benefit, helped Ally Financial Inc to post $-1.63 eps in the forth quarter

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factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

The output of the nation's factories, mines and utilities accelerated in November

Industrial production increased on the faster pace again, consumers turned on their air conditioners and elevated utilities output.

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Service Corp International announced forth quarter operating surplus of $630.659 millions

In the forth quarter Service Corp International reached break-even of $0.00 per share compare to $-0.00 a year ago and from $0.37 per share from the previous quarter.

Sales remained unchanged to $3.19 billions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Avista Corp announced forth quarter operating surplus of $77.184 millions

Despite weak Sales in the forth quarter, company has managed to improve it's earnings per share, earnings jumped by 64.88 % to $0.70 per share while Sales fell by -6.44 % to $372.22 millions, year on year.

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Earnings helped by tax benefit

A $148.00 million tax benefit, helped Southern Co to post $0.27 eps in the forth quarter

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U.S. Retailers saw higher build-up of invetories in October

The build up in retail inventories accelerated due to growing inventories at the car dealars.

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Productivity and wages are up

Americans have earned more in third-quarter and productivity grew as well, as strenght in the U.S. economy becomes more evident.

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Wages up 0.5 % in November spending ebbs

Americans cut back on spending in November and used a hefty increase in wages to pad their savings accounts, government data showed.

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Six Flags Entertainment Corp announced forth quarter operating income of $81.44 millions

In the forth quarter Six Flags Entertainment Corp slipped into loss of $-0.32 per share compare to $2.11 a year ago and eps fell from $2.16 per share from the previous quarter.

Sales fell sharply by -76.83 % to $134.51 millions from $580.42 millions in the same quarter a year ago and sequentially Sales deteriorated by -78.3 % from $619.82 millions.

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Income Positive Again, Modest Revenue Increase

Johnson & Johnson announced earnings per share of $1.11 and Sales of $20.35 billions in the forth quarter, Company's earnings turn positive per share, versus $-3.90 eps, earned in the same quarter a year ago, although Johnson & Johnson saw it's Sales rise by 0.99 % in the same period.

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A $46.75 million tax benefit, helped Coeur Mining, Inc to post $0.10 eps in the forth quarter

A $46.75 million tax benefit, helped Coeur Mining, Inc to post $0.10 eps in the forth quarter

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First Citizens Bancshares Inc announced forth quarter operating surplus of $115.926 millions

Despite weak Revenues in the forth quarter, company has managed to improve it's earnings per share, earnings jumped by 67.93 % to $7.61 per share while Revenues fell by -6.33 % to $391.30 millions, year on year.

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Income Tumbles by -86.14 %, Sales very Strong

Kemper Corporation announced earnings per share of $0.10 and Sales of $1.20 billions in the forth quarter, Company's income fell sharply by -86.14 % per share, versus $0.71 eps, earned in the same quarter a year ago, although Kemper Corporation saw it's Sales rise by 56.99 % in the same period.

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Deficit Bigger Than a Year Ago, Sales Down Slightly

Weakening demand led to losses in the forth quarter, Sales fell by -1.94 % to $2.12 billions and loss per share was at $-0.66 compare to $1.45 per share realized in quarter a year ago.

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Other HLIT's Earnings Reports

Harmonic Inc reported second quarter 2018 earnings

Harmonic Inc reported first quarter 2018 earnings

Harmonic Inc reported forth quarter 2017 earnings

     
       
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