Harman reports Q2 EPS 59c, consensus 88c Reports Q2 revenue $1.06B, consensus $1.06B. Non-GAAP gross margin for Q2 decreased 130 basis points to 25.8%. The decline was primarily due to the impact of lower sales volume on fixed production costs, the company said.
Harman names 3D Systems CEO Avi Reichental to board of directors Harman (HAR) announced that Avi N. Reichental has been elected to the company’s Board of Directors effective April 1, bringing the size of the Board to 10 directors. Reichental is President and CEO of 3D Systems (DDD).