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Article: Harmonic Announces Third Quarter Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Harmonic Inc. (NASDAQ:HLIT), a leading provider of broadcast and on-demand video delivery solutions, announced its preliminary and unaudited results for the quarter ended October 2, 2009.
For the third quarter of 2009, the Company reported net sales of $83.9 million, compared to $91.5 million in the third quarter of 2008 and $81.3 million for the second quarter of 2009. For the first nine months of 2009, net sales were $232.9 million, compared to $268.1 million in the same period of 2008.
During the third quarter of 2009, the Company saw a sequential increase in quarterly sales to international customers, particularly in Europe. International sales ...