Summary
This Form 8-K filing from Harris Corporation (now L3Harris Technologies) reports on their financial results for the first quarter of fiscal year 2015. The company issued a press release on October 28, 2014, to announce these results and, importantly, to reiterate its previously issued guidance for both full-year fiscal 2015 revenue and diluted earnings per share from continuing operations. For investors, the key takeaway is that Harris Corporation confirmed its financial outlook for the remainder of fiscal year 2015. The reiteration of guidance suggests that the company's performance in the first quarter was in line with expectations, and management remains confident in achieving its previously stated financial targets for the full year. Investors should review the accompanying press release (Exhibit 99.1) for specific details on Q1 FY15 performance and the reaffirmed full-year guidance.
Key Highlights
- 1Harris Corporation filed an 8-K on October 28, 2014, reporting on its first quarter fiscal year 2015 financial results.
- 2The company issued a press release announcing its Q1 FY15 performance.
- 3Crucially, Harris Corporation reiterated its previously issued guidance for fiscal year 2015 revenue.
- 4The company also reaffirmed its guidance range for expected income from continuing operations per diluted share for fiscal year 2015.
- 5The information furnished is not considered 'filed' under Section 18 of the Exchange Act, limiting liability.
- 6Exhibit 99.1 contains the full press release and related financial tables.