Summary
L3Harris Technologies, Inc. (LHX) filed an 8-K on April 29, 2008, primarily to report its third-quarter fiscal year 2008 financial results and provide updated earnings guidance for fiscal year 2009. The filing indicates that the company is furnishing this information, including a press release and financial tables as Exhibit 99.1, under Regulation FD. Investors should note that the company is presenting certain non-GAAP financial measures, which exclude costs related to recent acquisitions (Multimax Incorporated and Zandar Technologies plc) and a business combination (Harris Stratex Networks).
Key Highlights
- 1Harris Corporation reported its third-quarter fiscal year 2008 financial results.
- 2The company provided revised earnings guidance for fiscal year 2009.
- 3The filing includes a press release and related financial tables as Exhibit 99.1.
- 4The company is utilizing non-GAAP financial measures, excluding acquisition and combination-related costs.
- 5These non-GAAP measures are presented to provide additional insight into operating results and trends, separate from acquisition impacts.
- 6Key acquisitions mentioned include Multimax Incorporated and Zandar Technologies plc.
- 7A business combination involving Harris's Microwave Communications business and Stratex Networks, Inc. is also noted.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Harris Corporation's financial results for the third quarter of fiscal year 2008 and to provide updated earnings guidance for fiscal year 2009. It also includes information on non-GAAP financial measures.
The filing discusses non-GAAP financial measures that exclude costs associated with acquisitions (Multimax and Zandar) and a business combination (Harris Stratex Networks). Harris states that management believes these measures provide useful information to investors by offering a clearer view of operating results and trends separate from the impact of these specific events.
The detailed financial results for the third quarter of fiscal year 2008 and the revised fiscal year 2009 guidance are provided in the press release and related financial tables, which are furnished as Exhibit 99.1 to this 8-K filing.
This 8-K filing primarily references information furnished via a press release and focuses on presenting non-GAAP measures alongside results. While it pertains to financial results, investors should refer to the company's full GAAP financial statements and accompanying footnotes for comprehensive, GAAP-basis reporting.