Articles from L3Harris Technologies, Inc.

BWX Technologies, Inc. (NYSEBWXT) and L3Harris Technologies, Inc. NYSE: LHXNYSELHX)

L3Harris Technologies (NYSELHX) announced it will release financial results for its first quarter of fiscal year 2022 on Thursday, April 28, 2022. The company is combining prepared remarks, earnings release and webcast slides into a new Investor Letter, which will be issued at approximately 4:30 p.m. Eastern Time (ET) and made available on L3Harris.com.

The Board of Directors of L3Harris Technologies (NYSELHX) has declared a quarterly cash dividend of $1.12 per share on the common stock, payable June 17, 2022, to shareholders of record as of the close of business on June 3, 2022.

L3Harris Technologies (NYSELHX) will host a conference call on Friday, April 29, 2022, at 8:30 a.m. Eastern Time (ET) to discuss its first quarter 2022 financial results.

L3Harris Technologies, Inc. (NYSELHX) reported fourth quarter and 2021 results, and initiated its 2022 financial guidance.

L3Harris Technologies, Inc. (NYSELHX) reported third quarter 2021 revenue of $4.2 billion, down 5% versus prior year, and down 1% on an organic1 basis. GAAP net income was $479 million, up 11% versus prior year. Adjusted EBIT2 was $830 million, up 4% versus prior year, and adjusted EBIT margin2 expanded 170 basis points (bps) to 19.6%. GAAP EPS was $2.39, up 20%, and non-GAAP EPS2 was $3.21, up 13% versus prior year.

L3Harris Technologies, Inc. (NYSELHX) reported second quarter 2021 revenue of $4.7 billion, up 5.0% versus prior year, and up 6.2% on an organic1 basis. GAAP net income was $413 million, up 49% versus prior year. Adjusted EBIT3 was $869 million, up 7.3% versus prior year, and adjusted EBIT margin3 expanded 40 basis points (bps) to 18.6%. GAAP EPS was $2.01, up 55%, and non-GAAP EPS3 was $3.26, up 15% versus prior year.

L3Harris Technologies, Inc. (NYSELHX) reported first quarter 2021 revenue of $4.6 billion, down 1.3% versus prior year, and up 1.8% on an organic1 basis. GAAP net income was $466 million, up 140% versus prior year. Adjusted EBIT3 was $862 million, up 6.7% versus prior year, and adjusted EBIT margin3 expanded 140 basis points (bps) to 18.9%. GAAP EPS was $2.25, up 127%, and non-GAAP EPS3 was $3.18, up 14% versus prior year.