From a recent 8k. They have unaudited financials a
Post# of 96879
“We faced a more challenging spending environment than expected in the quarter, resulting in updated financial guidance,” said Patrick Harshman,
Harmonic’s CEO. “Several market factors continue to hamper near-term customer investment decisions; service provider consolidation, particularly within
the U.S. and EMEA regions, and the pending release of our new cable edge architecture in mid-2016 amplified the effect. Although we anticipate these
dynamics to extend into the fourth quarter of 2015, our value proposition is resonating strongly with both new and existing customers, our leadership
position in the markets we address is intact, and we are confident in the strategic direction of the company.”
The Company will release its unaudited third quarter 2015 financial results after the market close on Tuesday, October 27, 2015. Harmonic will also host a
conference call that day at 2:00 p.m. Pacific (5:00 p.m. Eastern) to discuss these financial results and its outlook for the fourth quarter of 2015. A listen-only
broadcast of the conference call will be accessible either from the Company's website at www.harmonicinc.com or by calling +1.847.619.6397 or
+1.800.708.4540 (passcode 40861736). A replay of the conference call will be available after 4:30 p.m. Pacific at the same website address or by calling
+1.630.652.3042 or +1.888.843.7419 (passcode 40861736#)