Question-and-Answer SessionOperator Operator instructions First question comes from the line of Chris Ceraso of Credit Suisse. Please go ahead. Chris Ceraso - Credit Suisse Thanks, good afternoon. Can you hear me? Dinesh Paliwal Hi, Chris, we can hear you...
Question-and-Answer SessionOperator Operator Instructions We'll go to the line of Chris Ceraso with Credit Suisse. Please go ahead. Chris Ceraso - Credit Suisse Why don't we start with the new business awards that you referenced, that you're getting close to. Obviously, you can't disclose what they are or...
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Harman International Industries Inc.’s (HAR) first-quarter earnings beat the Zacks Consensus Estimate by 20 cents.
Revenues
Revenues of $757.4 million were up 13.4% sequentially and down 12.9% year over year. The sequential increase was driven by all segments except Professional, while the year-over-year decline was driven by all segments except Other.
The revenue contribution by segment was as [...]
Harman International Industries Incorporated (HAR) is seeing significant growth opportunities in Asian markets, particularly China and India. President, Chairman and CEO Dinesh C Paliwal recently stated that the company expects its earnings from China to exceed $1 billion over the next five years. Revenue from India is expected to reach $250 million during the same [...]
Here is a look at the top scorchers of the third quarter; a period where the S&P 500 gained 15% - it's best return since we were building the last stock market bubble in 2008. Who says history does not repeat itself?[More...]
Harman International Industries, Inc. (HAR), a leading global manufacturer of audio and infotainment products, has reported dismal fourth quarter and fiscal 2009 results, with a decrease in year-over-year sales and net income.
Harman has reported net sales of $668 million during the fourth quarter compared to $1.1 billion in the year-earlier quarter – a decline of [...]
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