10-QPeriod: Q3 FY2009

L3HARRIS TECHNOLOGIES, INC. /DE/ Quarterly Report for Q3 Ended Sep 26, 2008

Filed November 4, 2008For Securities:LHX

Summary

L3 Technologies (LHX) reported its financial results for the quarter ended September 25, 2008. The filing provides an overview of the company's performance, financial condition, and operational highlights during this period. Investors should pay close attention to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" (MD&A) section, which will offer detailed insights into revenue drivers, cost structures, and any significant factors impacting profitability and liquidity. The report also includes unaudited condensed consolidated financial statements, detailing the company's income, balance sheet, and cash flows.

Financial Statements
Beta
Revenue$1.17B
Cost of Revenue$791.90M
Gross Profit$380.70M
Operating Expenses$189.60M
Operating Income$119.40M
Interest Expense$12.40M
Net Income$118.70M
EPS (Basic)$0.89
EPS (Diluted)$0.88
Shares Outstanding (Basic)134.00M
Shares Outstanding (Diluted)134.70M

Key Highlights

  • 1The report covers the financial performance for the fiscal quarter ending September 25, 2008.
  • 2Key financial statements, including the Condensed Consolidated Statement of Income, Balance Sheet, and Cash Flows, are provided.
  • 3Management's Discussion and Analysis (MD&A) is a critical section for understanding operational performance and financial condition.
  • 4The filing includes information on Legal Proceedings and Risk Factors, which are important for assessing potential company risks.
  • 5Notes to the Condensed Consolidated Financial Statements offer crucial details and explanations for the reported figures.
  • 6The report is accompanied by a Report of Independent Registered Public Accounting Firm, providing an external auditor's perspective.

Frequently Asked Questions

This 10-Q filing provides L3 Technologies' unaudited financial results and operational information for the fiscal quarter ended September 25, 2008. It allows investors to monitor the company's performance and financial health between annual reports.

The most detailed explanation can be found in Item 2, 'Management's Discussion and Analysis of Financial Condition and Results of Operations.' This section breaks down the financial results, discusses key trends, and elaborates on the factors influencing the company's performance.

The report includes the Condensed Consolidated Statement of Income for the quarter, the Condensed Consolidated Balance Sheet as of September 26, 2008, and the Condensed Consolidated Statement of Cash Flows for the quarter.

Yes, Item 1A 'Risk Factors' and Item 1 'Legal Proceedings' provide disclosures regarding potential risks the company faces and any ongoing legal matters that could impact the business.