Rockwell Collins (NYSE:COL) reports that profit fell during Q3 to $158M from $164M Y/Y, but outlined a +12% Y/Y total sales increase to $1.26B - mainly due to its acquisition of ARINC in December 2013. ARINC also contributed $134M in sales and $20M in operating earnings to the current quarter.
Earnings fell 3.6% as costs rose,
Fiscal Q3 EPS bumped up slightly to $1.19 Y/Y from $1.18. Income from continuing operations was $163M vs. $161M in Q3 of 2013.
Cash provided by operating activities fell to $237M for the first nine months of fiscal 2014, compared to $309M in the same period last year.