Cash_Day_Advance » (Cash Advance Type) Harris Corporation Second Quarter Revenue Increases 30%; Growth … - CNNMoney.com

(Cash Advance Type) Harris Corporation Second Quarter Revenue Increases 30%; Growth … - CNNMoney.com

 

Looking For Cash Day Advance Loan Reports


Revenue for the Harris Stratex Networks segment was $181 million in the quarter, an increase of 5 percent compared to the prior-year quarter on a pro forma, non-GAAP basis (as if the former Harris Microwave Communications segment and Stratex Networks had been combined since the beginning of fiscal year 2007). This press release contains non-GAAP financial measures within the meaning of Regulation G promulgated by the SEC, including net income and earnings per share for the second quarter of fiscal 2008 excluding the impact of costs associated with our acquisitions and integration costs associated with the formation of Harris Stratex Networks; and earnings per share guidance for fiscal 2008 also excluding the impact of integration costs associated with the formation of Harris Stratex Networks and acquisitions. Table 5 HARRIS CORPORATION FY’08 Second Quarter Summary RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Condensed Consolidated Statement of Income (Unaudited) Quarter Ended Quarter Ended December 28, 2007 December 29, 2006 As As Reported Adjustment Non-GAAP Reported Adjustment Non-GAAP (In millions, except per share amounts) Revenue from product sales and services $1,317. Note F - Adjustments to our Harris Stratex Networks segment operating income (loss) for the quarter and two quarters ended December 28, 2007 are due to the impact of a step up in fixed assets and integration costs associated with the Stratex combination ($12. read more

No Tags

Leave a Reply

Notify me of new comments

Related Posts from the Past:



| Resources |