01—Abstract
Summary
Summary of the 8-K/A filed July 27, 2023. Cited figures are marked; the original filing is the authoritative source.
L3Harris Technologies (LHX) filed an 8-K/A amendment on July 26, 2023, to correct a minor error in its previously issued Investor Letter.
The correction pertains to the Non-GAAP Earnings Per Share (EPS) for the quarter ended July 1, 2022. The reported Non-GAAP EPS has been revised to $3.23a from a previously stated figure. This amendment is primarily administrative, aiming to ensure the accuracy of historical financial reporting.
Investors should note that the core business operations and financial performance trends are not impacted by this correction. The company continues to provide Non-GAAP EPS as a key performance indicator, with a reconciliation available in the Investor Letter. Investors should always refer to the official filings for the most accurate and up-to-date financial information.
02—Key points
Key Highlights
- Amendment to a previous 8-K filing to correct an error.
- The error was in the reported Non-GAAP EPS for the quarter ended July 1, 2022.
- The corrected Non-GAAP EPS for the quarter ended July 1, 2022, is now $3.23.
- This filing does not introduce new operational or strategic information.
- The correction is administrative and aims to ensure reporting accuracy.
- Non-GAAP EPS is a key metric discussed, with reconciliation provided in the furnished Investor Letter.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K/A filing?
The primary purpose of this 8-K/A filing is to amend a previous 8-K filing dated July 26, 2023, to correct an inadvertent error in the Non-GAAP EPS figure for the quarter ended July 1, 2022, as presented in an accompanying Investor Letter.
What specific financial figure was corrected?
The specific financial figure corrected was the Non-GAAP Earnings Per Share (EPS) for the quarter ended July 1, 2022. It has been revised to $3.23.
Does this correction impact L3Harris's overall financial performance or business operations?
No, this correction is administrative in nature and pertains to a single historical Non-GAAP EPS figure. It does not reflect any changes to the company's ongoing business operations, strategic direction, or actual financial performance.
Where can I find more details about the Non-GAAP EPS and its reconciliation?
More details about Non-GAAP EPS, including its definition and reconciliation to GAAP measures, can be found in Table 7 of the Investor Letter, which was furnished as Exhibit 99.1 with this filing.
04—Continue