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More on L-3 Communications' Q3

Oct. 29, 2015 8:23 AM ETL3 Technologies, Inc. (LLL-OLD) StockLLL-OLDBy: Yoel Minkoff, SA News Editor
  • Adjusted net income of $170M, or $2.09 per share vs. $154M, or $1.78 per share in the same quarter a year ago.
  • Revenue by segment: Electronic Systems -11.2%; Aerospace Systems +3%; Communication Systems +2.4%; NSS -13.7%.
  • Repurchased $259M of common stock during the quarter.
  • The company narrowed its full-year 2015 earnings to $6.80-$6.90 from $6.70-$7.00, and lowered its revenue guidance to $11.4B-$11.5B from 11.45B-$11.65B.
  • LLL +0.2% premarket
  • Q3 results

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