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.