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Satnews Daily
January 28th, 2010

Harris — Financially Speaking...


Harris Corporation (NYSE: HRS) reported GAAP income from continuing operations for the second quarter of fiscal 2010 of US$140 million, or US$1.06 per diluted share, compared with US$141 million, or US$1.06 per diluted share, in the prior-year quarter. Excluding acquisition-related costs, non-GAAP income from continuing operations in the second quarter of fiscal 2010 was USUS$142 million, or US$1.08 per diluted share, compared with US$141 million, or US$1.05 per diluted share, in the prior-year quarter.  Revenue for the second quarter of fiscal 2010 was US$1.22 billion, compared with US$1.33 billion for the second quarter of fiscal 2009. Orders in the second quarter were US$1.4 billion, compared with US$1.0 billion in the prior-year quarter. Select this link to read the entire financial report.