8-KRegulation FDExhibits & Filings

L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Report, Regulation FD Disclosure (Mar 5, 2008)

Filed March 5, 2008For Securities:LHX

Summary

This Form 8-K filing from Harris Corporation, dated March 5, 2008, primarily serves to disclose initial earnings per share (EPS) and revenue guidance for fiscal year 2009. The company is also providing details for an upcoming webcast and teleconference to discuss its business update, strategy, and financial summary, including this forward-looking guidance. Investors should note that the company is presenting non-GAAP financial measures, specifically excluding costs associated with recent acquisitions (Multimax Incorporated and Zandar Technologies plc) and a business combination. Harris management believes these non-GAAP metrics offer valuable insights into underlying business trends, separate from acquisition-related impacts. While the filing doesn't contain new financial statements or definitive results, it signals the company's outlook for the upcoming fiscal year. Investors are encouraged to review the full press release (Exhibit 99.1) for detailed reconciliations between GAAP and non-GAAP measures, as this guidance is crucial for understanding the company's anticipated performance and strategic direction in FY2009. The focus is on providing a clearer picture of operational performance by isolating the effects of significant corporate development activities.

Key Highlights

  • 1Harris Corporation (LHX) filed an 8-K on March 5, 2008, primarily for Regulation FD disclosure.
  • 2The company announced initial earnings per share (EPS) and revenue guidance for fiscal year 2009.
  • 3A webcast and teleconference presentation is scheduled to discuss business updates, strategy, and financial summaries, including the FY2009 guidance.
  • 4The filing highlights the use of non-GAAP financial measures, excluding acquisition costs for Multimax and Zandar, and a business combination.
  • 5Management believes these non-GAAP measures provide a clearer view of operating results, separate from acquisition-related expenses.
  • 6Investors are directed to Exhibit 99.1 for the full press release and financial tables, including GAAP to non-GAAP reconciliations.
  • 7The report does not contain new financial statements but serves as a forward-looking communication regarding FY2009 expectations.

Frequently Asked Questions

The primary purpose of this filing is to disclose initial earnings per share and revenue guidance for fiscal year 2009, as well as to announce details for an upcoming investor webcast and teleconference. It also includes important disclosures regarding the use of non-GAAP financial measures.

The filing provides initial EPS and revenue guidance for fiscal year 2009. Specific figures would be detailed in the accompanying press release (Exhibit 99.1), which investors should consult for precise numbers and growth expectations.

Harris is using non-GAAP financial measures to present a view of its financial performance that excludes certain costs and expenses related to its acquisitions of Multimax Incorporated and Zandar Technologies plc, as well as a business combination. The company believes this helps investors better understand the underlying operational trends and performance, separate from the impacts of these significant corporate activities.

More detailed information, including the full press release, financial tables, and reconciliations between GAAP and non-GAAP financial measures, is provided as Exhibit 99.1 to this Form 8-K. Investors should refer to this exhibit for a comprehensive understanding.