8-KEarnings & ResultsRegulation FDExhibits & Filings

L3HARRIS TECHNOLOGIES, INC. /DE/ 8-K Report, Financial Results (Oct 28, 2014)

Filed October 28, 2014For Securities:LHX

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.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Harris Corporation's financial results for its first quarter of fiscal year 2015 and to reiterate the company's previously issued financial guidance for the full fiscal year 2015.

No, this filing indicates that Harris Corporation reiterated its previous guidance ranges for both full-year fiscal 2015 revenue and expected income from continuing operations per diluted share. This suggests the Q1 results were in line with expectations.

The detailed financial results and the reaffirmed guidance are provided in the press release issued by Harris Corporation on October 28, 2014, which is included as Exhibit 99.1 to this 8-K filing.

The filing notes that the information furnished under Items 2.02 and 7.01, including Exhibit 99.1, is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it is not subject to the liability provisions of that specific section.