Harris Corp. (HRS) Tops Q2 EPS by 4c

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Harris Corporation Reports Fiscal 2017 Second Quarter Results

February 2, 2017 6:30 AM EST

2Q17 EPS from continuing operations $1.33 GAAP, down 16%; $1.42 non-GAAP, down 3% 2Q17 CapRock current and prior period results reported as discontinued operations 2Q17 operating cash flow $252 million; free cash flow $224 million 3Q17 announcement of definitive agreement to sell government IT services business for $690 million and approval of new $1.0 billion share repurchase authorization Fiscal 2017 guidance updated to reflect both CapRock and government IT services in discontinued operations

MELBOURNE, Fla.--(BUSINESS WIRE)-- Harris Corporation (NYSE:... More