Harman International Industries Inc Q2 Profit Climbs 6%

(RTTNews) - Harman International Industries Inc (HAR) released earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $134 million, or $1.84 per share. This was up from $126 million, or $1.79 per share, in last year's second quarter.

Analysts had expected the company to earn $1.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.0% to $1.77 billion. This was up from $1.58 billion last year.

Harman International Industries Inc earnings at a glance:

-Earnings (Q2): $134 Mln. vs. $126 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q2): $1.84 vs. $1.79 last year. -EPS Growth (Y-o-Y): 2.8% -Analysts Estimate: $1.72 -Revenue (Q2): $1.77 Bln vs. $1.58 Bln last year. -Revenue Change (Y-o-Y): 12.0%