Harman International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today provided financial guidance for the fiscal year ending June 30, 2016.
The Company shared this guidance today at its Investor Day event in New York City, for which details are provided below. An audio webcast, as well as copies of the materials, will be available in conjunction with the financial update were made available beginning at 11:30 a.m. EDT today. The webcast replay and materials may be accessed through the Investor Relations page of HARMAN’s website.
“In 2015, HARMAN achieved record revenue, EBITDA and EPS growth by capitalizing on the robust demand for the connected car, connected enterprise and connected lifestyle. Another key highlight was the increase in our automotive backlog to a record $23 billion, a testament to HARMAN’s technology leadership and ability to deliver solutions for the car that are safe, secure and connected,” said Dinesh C. Paliwal, Chairman, President, and Chief Executive Officer of HARMAN. “In addition to organic growth, we diversified our portfolio by expanding our software services capabilities, positioning HARMAN to capitalize on the opportunities presented by the Internet of Things. Heading into FY2016, we will build on our momentum and focus on accelerating our profitable growth and creating value for our shareholders.”
Click here to view the Fiscal 2016 guidance chart for Revenue, EBITDA and Earnings Per Share.
