Summary
L3Harris Technologies, Inc. (LHX) filed its quarterly report on January 26, 2005, for the period ending December 30, 2004. Investors should note that this filing predates many significant market and technological shifts, and therefore, its insights are historical. The report details the company's financial performance for the quarter and the first two quarters of its fiscal year, offering a snapshot of its operational results and financial position at that time. It includes unaudited consolidated financial statements, management's discussion and analysis of financial condition and results of operations, and disclosures on market risk and internal controls.
Key Highlights
- 1The filing provides unaudited consolidated financial statements for the quarter and two quarters ended December 31, 2004, and comparative periods in 2003.
- 2Management's Discussion and Analysis (MD&A) is included, which typically offers management's perspective on the company's performance, financial condition, and future outlook.
- 3The report covers key financial statements: Consolidated Statement of Income, Consolidated Balance Sheet, and Consolidated Statement of Cash Flows.
- 4Disclosures regarding market risk and the effectiveness of the company's internal controls and procedures are presented.
- 5Information on legal proceedings, unregistered sales of equity securities, defaults upon senior securities, and matters submitted to a vote of security holders is provided.
- 6The filing includes exhibits that contain important documentation, such as certifications related to SEC rules.
Frequently Asked Questions
The filing contains the Consolidated Statement of Income for the quarter and two quarters ended December 31, 2004, which details the company's revenues, costs, and profitability during that period. Investors would need to review the specific figures within the 'Financial Information' section to understand the exact performance metrics.
The Consolidated Balance Sheet as of December 31, 2004, and July 2, 2004, provides a snapshot of L3Harris's assets, liabilities, and equity. This allows investors to assess the company's financial health and solvency at that point in time.
Item 1 of Part II, 'Legal Proceedings,' would outline any material legal actions that L3Harris Technologies was involved in as of the filing date. Investors should examine this section for potential risks or liabilities.
The Consolidated Statement of Cash Flows for the two quarters ended December 31, 2004, and January 2, 2004, details the cash generated and used in the company's operating, investing, and financing activities. This is crucial for understanding the company's liquidity and cash generation capabilities.