Home >> News: October 27th, 2009 >> Story
Satnews Daily
October 27th, 2009

Financially Speaking... Harris Corporation...


Harris Corporation (NYSE: HRS) revenue for the first quarter of fiscal 2010 ended October 2, 2009, was US$1.20 billion, compared with US$1.17 billion for the first quarter of fiscal 2009. Net income in the first quarter was US$105 million, or US$0.79 per diluted share, compared with US$119 million, or US$0.89 per diluted share, in the prior-year quarter. Excluding acquisition-related charges, non-GAAP income from continuing operations in the first quarter of fiscal 2010 was US$109 million, or US$0.83 per diluted share. New orders in the first quarter of fiscal 2010 were a strong US$1.5 billion. To read the entire financial report, access this direct link.