Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aviation Systems

Other non-reportable business segments

Corporate eliminations

Revenue Segments

Revenue is the money generated from normal business operations. Gross Profit is revenue minus cost of goods sold. Operating Income is revenue minus cost of goods sold and other operating expenses.

Revenue

Gross Profit

Operating Income

Revenue & Operating Income

Net Income, also called net earnings, is calculated as revenue minus cost of goods sold, operating expenses, depreciation, interest, taxes, and other expenses.

Net Income

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Engineering, selling and administrative

Business divestiture-related gains (losses)

Impairment of goodwill and other assets

Non-operating income

Interest expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

L3Harris

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

Earnings data Q2 2023

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First Solar

Construction Partners

Investors are looking for government-dependent stocks to avoid during the debt ceiling drama. At first glance, the debt ceiling might not seem like a big deal.

3 Government-Dependent Stocks to Avoid Amid Debt Ceiling Drama

Apple

American Express

Bank of America

Carlisle Companies

Chevron

Danaher

Kraft Heinz

Coca-Cola

Schwab US Dividend Equity ETF

Vanguard Dividend Appreciation ETF

This year, so far, dividend investors are dealing with underperformance as the market has shifted from value to growth stocks. This is amplified by economic growth fears. While underperformance isn't fun, weakness comes with opportunities, which is why I have aggressively added to a number of Buffett-style dividend growth stocks.

Buy-Alert: 3 Undervalued Buffett-Style Dividend Gems I'm Buying

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) Chair and Chief Executive Officer Christopher E. Kubasik and Chief Financial Officer Michelle Turner will present at the Bernstein Annual Strategic Decisions Conference at 8:00 a.m. ET, June 1, 2023. The presentation will stream live on the L3Harris website with a recording available following the event. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With.

L3Harris CEO and CFO to Present at Bernstein Annual Strategic Decisions Conference

ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced orders totaling $160 million from the Marine Corps for multi-channel handheld and vehicular radio systems, bringing total program orders to $336 million. The two new orders from the Marine Corps are under a 10-year, competitively awarded $750 million indefinite delivery, indefinite quantity contract for L3Harris Falcon IV® manpack and handheld radios. The technology in these radios enables greater interoperability amon.

L3Harris Receives US Marine Corps Orders for Multi-Channel Radios

Strong revenue growth contradicts the bearish L3Harris stock chart that started late last year. Aerojet Rocketdyne acquisition to add meaningfully to results down the road.

Why Buy L3Harris As Shares Dip Lower

BOSTON--(BUSINESS WIRE)--Zapata Computing, the software company building solutions to enterprises' most computationally complex problems, today announced that it has delivered 30 quantum computing challenge scenarios to the Defense Advanced Research Projects Agency alongside L3Harris and several other industry leaders. The scenarios will help determine potential quantum computing benefits across defense, chemistry, finance, machine learning and other areas. As part of their $7.3 million contrac.

Zapata Computing and L3Harris Partner to Explore Quantum Computing Solutions for DOD

1Q23 results showed organic growth in revenue of 7%, and adjusted EPS of $2.86, slightly beating the consensus estimate of $2.85. The company is also likely to benefit from the US Department of Defense's decision to increase its 2024 budget.

L3Harris Technologies: Valuation Gap Vs. Peers Presents A Buying Opportunity

SALT LAKE CITY--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) received a U.S. Air Force contract award to develop a Common Tactical Edge Network (CTEN) providing an aerial military Internet of Things to support the Advanced Battle Management System and Joint All-Domain Command and Control (JADC2) initiatives. The system will include a meshed network of defense and commercial resources, enhancing aerial interoperability for U.S. and allied forces by incorporating commercial-like, high-speed.

L3Harris to Develop US Air Force Common Tactical Edge Network

Caterpillar

Fifth Third Bancorp

Johnson & Johnson

Tyson Foods

Whirlpool

Williams-Sonoma

As the overall stock market remains choppy, plenty of investors may be considering which dividend stocks to buy for steady, reliable returns. In the near term, stocks offering average- to above-average yields can produce steady gains in a sideways market.

The 7 Best Dividend Stocks to Buy for May 2023

In this article, I re-visit one of my all-time favorite defense contractors and dividend growth stock L3Harris Technologies. LHX, which trades 28% below its all-time high, is now benefiting from accelerating new orders, fading supply chain issues, and its ability to turn earnings into high free cash flow.

L3Harris: A Ridiculously Undervalued Dividend Stock

L3Harris Technologies, Inc. (LHX) Q1 2023 Earnings Call Transcript.

L3Harris Technologies, Inc. (LHX) Q1 2023 Earnings Call Transcript

L3Harris' (LHX) Q1 2023 revenues of $4,471 million beat the Zacks Consensus Estimate of $4,241 million by 5.4%. The top line rises 9% from the year-ago quarter's $4,130 million.

L3Harris (LHX) Q1 Earnings Miss Estimates, Sales Up Y/Y

L3Harris (LHX) came out with quarterly earnings of $2.86 per share, missing the Zacks Consensus Estimate of $2.87 per share. This compares to earnings of $3.12 per share a year ago.

L3Harris (LHX) Q1 Earnings Miss Estimates

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) today announced its first quarter fiscal year 2023 results in an Investor Letter posted to the Investor Relations section of the company's website. L3Harris Chair & CEO Chris Kubasik and CFO Michelle Turner will host an approximately 45-minute call on April 28, 2023, at 8:30 a.m. ET focused on questions and answers. To access the teleconference, participants in the U.S. may call 877-407-6184, while international participant.

L3Harris Releases First Quarter 2023 Results

L3Harris' (LHX) first-quarter results are likely to benefit from growth across all its segments, weighed down by the impacts of the inflated cost of materials and labor.

Will Segmental Revenues Aid L3Harris (LHX) Q1 Earnings?

MELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) declared a quarterly cash dividend of $1.14 per common share, payable June 16, 2023, to shareholders of record as of the close of business on June 2, 2023. About L3Harris Technologies L3Harris Technologies is a Trusted Disruptor for the global aerospace and defense industry.

L3Harris Declares Quarterly Dividend

L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: L3Harris (LHX) Q1 Earnings Expected to Decline

L3Harris (LHX) secures a $15.6 million contract to support the production of submarines.

L3Harris (LHX) Wins $15.6M Deal to Support Submarine Production

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) announced the award of option year four of the Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) program. The $145 million contract from the U.S. Space Force continues the modernization and sustainment of critical space infrastructure enabling the Space Force core competency of Space Domain Awareness (SDA). In support of the U.S.

L3Harris Awarded $145 Million Contract to Modernize US Space Domain Awareness Capabilities

Analog Devices

Moody's

Snap-on

S&P Global

Tractor Supply

UnitedHealth Group

High-yield dividend stocks  may be appealing, but when it comes to a long-term, income-based investing strategy, focusing on growth rather than the highest current yields may be the best way to go. After all, plenty of high-yielders can turn into dividend traps.

7 Dividend Stocks to Buy that Are Growing Their Dividends Fast

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) received a contract to provide next-generation geostationary imaging and sounding instruments for the Japan Meteorological Agency (JMA) that will monitor and predict severe weather events more accurately. The award continues L3Harris' legacy of producing critical space-based weather instruments for Japan.

L3Harris to Build Geostationary Weather Satellite Sensors for Japan

Sidus Space

Sidus Space said it is teaming up with L3Harris Technologies for the Department of Defense  Mentor-Protégé Program (MPP). The program helps businesses expand their footprint in the defense industrial base by supporting their partnering efforts with larger companies, such as L3Harris, Sidus said in a statement.

Sidus Space and L3Harris partner for Department of Defense Mentor-Protégé Program

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company focused on commercial satellite design, manufacture, launch, and data collection, is teaming with L3Harris Technologies (NYSE:LHX) for the Department of Defense Mentor-Protégé Program (MPP). The DoD program helps businesses expand their footprint in the defense industrial base by supporting their partnering efforts with larger companies, such as L3Harris.

Sidus Space and L3Harris Team for the Department of Defense Mentor-Protégé Program

L3 Harris (LHX) to manufacture ALQ-211 AIDEWS, apart from providing engineering services and repair support for the same.

L3 Harris (LHX) Wins $584M Deal to Manufacture ALQ-211 AIDEWS

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has completed the sale of its Visual Information Solutions (VIS) business to NV5 Global Inc. (NASDAQ: NVEE). The VIS business is a global provider of commercial geospatial software, technology and services used to extract and analyze reliable, accurate and actionable information from geospatial to terrestrial imagery.

News for L3Harris Stock (LHX)