Harmonic Surges Briefly, But Pay More Attention To Rising Earnings
Harmonic(HLIT) Seeking Alpha·2024-08-02 19:30
John M Lund Photography Inc Harmonic Investment Thesis After the market closed on Monday, July 29, 2024, Harmonic Inc. (NASDAQ:HLIT) released its second-quarter 2024 earnings. It beat revenue estimates by 0.08 beat estimates by $0.04. That brought out buyers on July 30, and they bid up the share price by 21.19%: HLIT 5-day price chart (Seeking Alpha) Should the rest of us take an interest in Harmonic, too? Do the fundamentals support an investment, or was this a tempo ...