Summary
This Form 8-K filing from Harris Corporation (now L3Harris Technologies, Inc. /DE/) on January 28, 2014, primarily serves to disclose the company's financial results for its second quarter of fiscal year 2014. A key takeaway for investors is the upward revision of the company's full-year earnings per diluted share guidance. This indicates management's confidence in the company's performance and future profitability, suggesting a positive outlook beyond the reported quarter. Furthermore, the company reiterated its previous revenue guidance for fiscal 2014. While this suggests stability in expected top-line growth, the increased earnings outlook is the more significant development. Investors should note that the information furnished in this report is for disclosure purposes and is not considered "filed" for regulatory liability under Section 18 of the Exchange Act, nor will it be automatically incorporated into future SEC filings.
Key Highlights
- 1Harris Corporation announced its second quarter fiscal year 2014 financial results.
- 2The company increased its full-year fiscal 2014 guidance for income from continuing operations per diluted share.
- 3Previous guidance for full-year fiscal 2014 revenue was reiterated.
- 4The filing includes a press release (Exhibit 99.1) detailing the results and guidance.
- 5Information furnished under Item 2.02 and 7.01 is not deemed "filed" for Section 18 liability purposes.
- 6The report is dated January 28, 2014, with the earliest event reported being January 27, 2014.