L3Harris Q1 EPS $1.76 GAAP ($2.86 non-GAAP); orders record $5.8B, book-to-bill 1.31x

L3HARRIS TECHNOLOGIES, INC. /DE/

2023-Q1 EPS reported $1.76 revenue$4,471,000,000

GAAP EPS $1.76, non-GAAP EPS $2.86; cash from ops $350M, adjusted FCF $314M.
Revenue up 9% YoY (organic 7%); quarterly orders $5.8B (record), book-to-bill 1.31x.
Won >$1.5B new prime space awards and >$550M domestic ISR aircraft missionization.
Total backlog $25B, up 16%; returned >$600M cash to shareholders.
Pending Aerojet Rocketdyne acquisition progressing; enterprise transformation program initiated.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

L3HARRIS TECHNOLOGIES, INC. /DE/ reported first quarter fiscal year 2023 results: revenue $25B 9% / 7% $1.76 / $2.86 $350M / $314M $616M, EPS $1.76 (GAAP); $2.86 (non-GAAP).

Period: first quarter fiscal year 2023
Revenue: $25B 9% / 7% $1.76 / $2.86 $350M / $314M $616M
EPS: $1.76 (GAAP); $2.86 (non-GAAP)
Result: reported results

Exact text from the filing

$5.8B of orders - a quarterly record; Book-to-bill 1.31x ◦ Won >$1.5B in new prime space awards ◦ Secured >$550M for domestic ISR aircraft missionization • Drove revenue up 9%; third consecutive quarter of organic growth • Delivered solid EPS: $1.76 (GAAP); $2.86 (non-GAAP)1 • Produced $350M cash from ops; $314M adj free cash flow (FCF)1 • Returned

View on SEC.gov

23 earnings releases filed in the last 30 days. Browse all earnings releases →

L3HARRIS TECHNOLOGIES, INC. /DE/ filing history →

Source: SEC EDGAR

accession 0000202058-23-000026

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.