Harmonic: Q3 Earnings Snapshot

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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLIT at https://www.zacks.com/ap/HLIT