L3Harris Technologies, Inc. Profit Falls In Q1

(RTTNews) - L3Harris Technologies, Inc. (LHX) announced earnings for first quarter that decreased from last year

The company's earnings came in at $337 million, or $1.76 per share. This compares with $475 million, or $2.44 per share, in last year's first quarter.

Excluding items, L3Harris Technologies, Inc. reported adjusted earnings of $549 million or $2.86 per share for the period.

The company's revenue for the quarter rose 9.0% to $4.47 billion from $4.10 billion last year.

L3Harris Technologies, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $337 Mln. vs. $475 Mln. last year. -EPS (Q1): $1.76 vs. $2.44 last year. -Revenue (Q1): $4.47 Bln vs. $4.10 Bln last year.