8-KEarnings & ResultsRegulation FDExhibits & Filings

L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Report, Financial Results (Apr 28, 2010)

Filed April 28, 2010For Securities:LHX

Summary

L3Harris Technologies (then Harris Corporation) filed an 8-K on April 28, 2010, to announce its third-quarter fiscal 2010 results, updated fiscal 2010 guidance, and initial fiscal 2011 guidance. The filing emphasizes the company's performance and outlook, providing key financial metrics and forward-looking statements. Investors should note that the company discussed non-GAAP financial measures, excluding certain acquisition-related costs. These non-GAAP figures are presented alongside GAAP results to offer a clearer view of underlying operational trends and performance, according to management. The press release, which is incorporated by reference, details these results and guidance updates.

Key Highlights

  • 1Harris Corporation announced third-quarter fiscal 2010 results and provided updated guidance for fiscal year 2010.
  • 2The company also issued initial guidance for fiscal year 2011 earnings per diluted share and revenue.
  • 3The filing includes discussions of non-GAAP financial measures, specifically excluding costs related to the acquisitions of Tyco Electronics Wireless Systems, Crucial Security, SolaCom ATC, and Patriot Technologies.
  • 4Management believes these non-GAAP measures offer valuable insights into operating trends and performance separate from acquisition-related impacts.
  • 5The press release, furnished as Exhibit 99.1, contains detailed financial tables and is incorporated by reference into the 8-K.
  • 6The information provided is furnished under Items 2.02 and 7.01 and is not deemed 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

Harris Corporation announced its third-quarter fiscal 2010 results, provided updated guidance for its full fiscal year 2010 income from continuing operations per diluted share and revenue, and issued initial guidance for fiscal year 2011 earnings per diluted share and revenue.

The non-GAAP measures discussed exclude certain costs associated with recent acquisitions (Tyco Electronics Wireless Systems, Crucial Security, SolaCom ATC, and Patriot Technologies). Management uses these measures, alongside GAAP results, to provide investors with a clearer understanding of ongoing operational performance and trends, separate from the impact of these specific acquisition-related expenses.

The detailed financial results, guidance updates, and the discussion of non-GAAP measures are contained in the press release issued by Harris Corporation on April 28, 2010. This press release is furnished as Exhibit 99.1 to the 8-K filing and is incorporated by reference.

No, this filing is primarily for the disclosure of financial results and forward-looking guidance. It does not indicate any changes to the company's legal status or corporate structure. The company name mentioned is Harris Corporation, which later became L3Harris Technologies.