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L3 Technologies Inc (LLL)

LLL on New York Consolidated

209.38USD
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

L3 Q2 Earnings Per Share $2.33 From Continuing Operations
Thursday, 26 Jul 2018 06:45am EDT 

July 26 (Reuters) - L3 Technologies Inc ::L3 ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $2.47 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $2.33 FROM CONTINUING OPERATIONS.Q2 SALES $2.6 BILLION VERSUS I/B/E/S VIEW $2.48 BILLION.Q2 EARNINGS PER SHARE VIEW $2.34 -- THOMSON REUTERS I/B/E/S.INCREASED 2018 FINANCIAL GUIDANCE.QTRLY FUNDED ORDERS INCREASED 32% TO $2.8 BILLION.SEES 2018 NET SALES $10,000 MILLION TO $10,200 MILLION.SEES 2018 DILUTED EPS FROM CONTINUING OPERATIONS IN RANGE OF $9.46 TO $9.66.SEES 2018 ADJUSTED DILUTED EPS FROM CONTINUING OPERATIONS $9.80 TO $10.00.FY2018 EARNINGS PER SHARE VIEW $9.71, REVENUE VIEW $10.00 BILLION -- THOMSON REUTERS I/B/E/S.FUNDED BACKLOG INCREASED 4% TO $8,833 MILLION AT JUNE 29, 2018, COMPARED TO $8,493 MILLION AT JANUARY 1, 2018.SEES 2018 FREE CASH FLOW OF $915 MILLION.  Full Article

L3 Strengthens Intelligence Collection And Surveillance Capabilities With Cyber Acquisitions
Wednesday, 11 Jul 2018 08:30am EDT 

July 11 (Reuters) - L3 Technologies Inc ::L3 STRENGTHENS INTELLIGENCE COLLECTION AND SURVEILLANCE CAPABILITIES WITH CYBER ACQUISITIONS.L3 TECHNOLOGIES INC - COMBINED PURCHASE PRICE FOR TWO BUSINESSES WAS APPROXIMATELY AUD$270 MILLION.L3 TECHNOLOGIES - ENTERED AGREEMENT TO BUY AZIMUTH SECURITY AND LINCHPIN LABS, TWO INFORMATION SECURITY BUSINESSES.L3 TECHNOLOGIES INC - FOR 2019 TRENCHANT EXPECTED TO ADD ABOUT $65 MILLION TO NET SALES, BE SLIGHTLY EPS ACCRETIVE.L3 TECHNOLOGIES INC - ACQUIRED COMPANIES WILL BECOME L3 TRENCHANT UPON COMPLETION OF TRANSACTION.  Full Article

L3 Technologies Announces Pricing Terms Of Tender Offers
Tuesday, 5 Jun 2018 02:40pm EDT 

June 6 (Reuters) - L3 Technologies Inc ::L3 TECHNOLOGIES, INC. ANNOUNCES THE PRICING TERMS OF ITS TENDER OFFERS FOR ANY AND ALL OF ITS OUTSTANDING 5.20% SENIOR NOTES DUE 2019 AND ITS OUTSTANDING 4.75% SENIOR NOTES DUE 2020.L3 TECHNOLOGIES INC - TENDER OFFERS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON JUNE 5, 2018.  Full Article

L3 Technologies - Announced Five-Year Strategic Cloud Computing Collaboration With Microsoft
Tuesday, 27 Mar 2018 09:00am EDT 

March 27 (Reuters) - L3 Technologies Inc ::L3 TECHNOLOGIES - ANNOUNCED FIVE-YEAR STRATEGIC CLOUD COMPUTING COLLABORATION WITH MICROSOFT.  Full Article

L3 Invests In Nanotechnology Optics Company Peak Nano Optics LLC
Wednesday, 28 Feb 2018 01:00pm EST 

Feb 28 (Reuters) - L3 Technologies Inc ::L3 INVESTS IN NANOTECHNOLOGY OPTICS COMPANY.L3 TECHNOLOGIES INC - TRANSACTION WAS COMPLETED ON FEBRUARY 6, 2018, AND TERMS WERE NOT DISCLOSED.L3 TECHNOLOGIES - TO ACQUIRE MINORITY STAKE IN NANOTECHNOLOGY FIRM PEAK NANO OPTICS LLC.  Full Article

L3 Technologies Increases Quarterly Dividend
Monday, 12 Feb 2018 04:33pm EST 

Feb 12 (Reuters) - L3 Technologies Inc ::REASES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.80PER SHARE.‍INCREASED COMPANY'S REGULAR QUARTERLY CASH DIVIDEND FROM $0.75 TO $0.80 PER SHARE​.  Full Article

L3 Technologies Reports Q4 EPS Of $3.34 From Cont Ops
Thursday, 25 Jan 2018 06:55am EST 

Jan 25 (Reuters) - L3 Technologies Inc ::L3 ANNOUNCES FOURTH QUARTER 2017 AND FULL YEAR RESULTS.L3 TECHNOLOGIES Q4 SALES DECREASED 3 PERCENT TO $2,574 MILLION .Q4 EARNINGS PER SHARE $3.34 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $2.24 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $2.63 BILLION -- THOMSON REUTERS I/B/E/S.INCREASED 2018 FINANCIAL GUIDANCE.4Q AND 2017 INCLUDES $0.99 OF TAX BENEFITS FOR U.S. TAX REFORM.FUNDED ORDERS FOR 2017 Q4 DECREASED 10% TO $2,734 MILLION COMPARED TO $3,043 MILLION FOR 2016 Q4.FUNDED BACKLOG INCREASED 6% TO $8,879 MILLION AT DECEMBER 31, 2017 COMPARED TO $8,380 MILLION AT DECEMBER 31, 2016.L3 TECHNOLOGIES SEES 2018 EARNINGS PER SHARE FROM CONTINUING OPERATIONS $9.30 TO $9.50.SEES 2018 NET SALES OF $9,850 MILLION TO $10,050 MILLION.FY2018 EARNINGS PER SHARE VIEW $9.17, REVENUE VIEW $9.98 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

L3 announces free space optics contract awards
Tuesday, 21 Nov 2017 09:00am EST 

Nov 21 (Reuters) - L3 Technologies Inc :L3 announces free space optics contract awards.L3 Technologies Inc - ‍awarded multiple contracts relating to development of free space optics capabilities for U.S. Department of Defense, space customers​.  Full Article

L3 Technologies receives production contract for U.S. Army
Monday, 30 Oct 2017 08:43am EDT 

Oct 30 (Reuters) - L3 Technologies Inc :L3 receives production contract for U.S. Army Apache MUMT-X program.Got production contract for multiple awards totaling $97 million in support of U.S. Army's Apache MUMT-X helicopter program​.  Full Article

L3 announces third quarter 2017 results
Thursday, 26 Oct 2017 06:55am EDT 

Oct 26 (Reuters) - L3 Technologies Inc :L3 announces third quarter 2017 results.Q3 adjusted earnings per share $1.96 from continuing operations.Q3 earnings per share $0.29 from continuing operations.Q3 sales $2.646 billion versus I/B/E/S view $2.67 billion.Q3 earnings per share view $1.81 -- Thomson Reuters I/B/E/S.Quarterly adjusted earnings per share $1.96.L3 Technologies Inc - ‍updated 2017 financial guidance​.L3 technologies inc sees ‍FY net sales $10,800 million to $11,000​ million.L3 Technologies Inc- ‍during Q3 company recorded a goodwill impairment charge of $187 million ($133 million after income taxes), or $1.67 per diluted share​.Sees 2017 ‍adjusted diluted eps $8.80 to $8.90​.L3 Technologies Inc - ‍funded orders for 2017 q3 increased 16% to $3,126 million compared to $2,688 million for 2016 q3​.L3 technologies inc sees FY ‍diluted EPS $7.13 to $7.23​.FY 2017 earnings per share view $8.72, revenue view $10.96 billion -- Thomson Reuters I/B/E/S.L3 Technologies Inc - ‍funded backlog increased 1 pct to $9,021 million at September 29, 2017 compared to $8,896 million at December 31, 2016​.  Full Article

MOVES-L3 promotes Sean Stackley as corporate SVP, president of renamed segment

Sept 17 Defense equipment maker L3 Technologies Inc appointed Sean Stackley, former acting secretary of the U.S. Navy, as corporate senior vice president and president of its renamed communications and networked systems business segment.