plans to report its results for the first quarter of 2007 after market close on April 25, 2007 http://us.biz.yahoo.com/bw/070404/20070404005168.htmlEstimates range from .07 - .09 with average of .08 http://finance.yahoo.com/q/ae?s=HLIT Estimates have continued to be revised upwards. Forward looking comments from their Q4 press release“The demand for our next-generation encoders and video processing solutions, coming from a wide variety of US and international customers, confirms our belief that we have the right products at the right time. Our customers have also expressed strong interest in our new on-demand content ingest, distributed content management and streaming solutions, the result of our recent acquisition of Entone's video networking software business. We believe Harmonic dramatically improved its competitive position in 2006 by introducing compelling new products, expanding its customer base and improving its operating performance. While the first quarter is historically the slowest period in the year, we had strong bookings and sales momentum in the fourth quarter which positions us well as we move into 2007.”Business Outlook The Company anticipates net sales for the first half of 2007 to be in a range of $135 to 145 million and gross margins to be 44% to 45% on a non-GAAP basis, excluding stock-based compensation expense, amortization of intangibles and potential additional restructuring charges related to the closure of its UK manufacturing facility. At this time, the Company is unable to forecast its gross margin on a GAAP basis for the first half of 2007, in part because it has not yet finalized its purchase accounting for the acquired Entone business. Harmonic Resources Fourth Quarter and Year End Results http://www.harmonicinc.com/ah_press_release_text.cfm?ID=652 Overview http://www.harmonicinc.com/ah_investor_relations.cfm
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