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Actionable news in HAR: HARMAN INTERNATIONAL INDUSTRIES Inc,

Harman (HAR) Stock Tumbles as Q3 Results Miss Expectations

NEW YORK (TheStreet) -- Shares of Harman International Industries (HAR - Get Report) are dipping by 8.32% to $81.50 on heavy trading volume early Thursday afternoon, following the release of weaker-than-expected results for the 2016 fiscal third quarter.

Before the market open, the Stamford, CT-based automotive electronics and audio equipment company posted earnings of $1.36 per diluted share, which did not meet analysts' estimates of $1.43 per share.

Revenue was $1.63 billion, below analysts' estimates of $1.68 billion.

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