L3Harris Technologies, Inc. (LHX) Q3 2024 Earnings Call Transcript Summary
L3Harris Technologies, Inc. (LHX) Q3 2024 Earnings Call Transcript Summary
Non-GAAP EPS grew by 5%, and pension adjusted EPS increased by 8%.The following is a summary of the L3Harris Technologies, Inc. (LHX) Q3 2024 Earnings Call Transcript:
以下是l3harris technologies公司（L3Harris Technologies）2024年第三季度業績會交流摘要：
Financial Performance:
金融業績：
L3Harris Technologies reported strong Q3 2024 financial performance with consolidated revenue growth of 8%.
The company achieved a segment operating margin improvement of 70 basis points compared to the prior year due to strong program execution and operational performance.
Non-GAAP EPS grew by 5%, and pension adjusted EPS increased by 8%.
A record backlog of $34 billion was achieved, and book-to-bill ratio stood at 1.4 for the overall company.
Free cash flow was over $700 million for the quarter, with an adjusted free cash flow of $728 million.
Debt reduction of $325 million in the quarter, bringing net leverage closer to the target ratio of 3.1.
l3harris technologies報告2024年第三季度強勁的財務表現，綜合營業收入增長8%。
由於強勁的項目執行和運營表現，公司部門營業利潤率較去年同比提高了70個點子。
非通用會計準則每股收益增長5%，調整後的養老金每股收益增長8%。
創下340億美元的訂單積壓記錄，整體公司的訂單與出貨比率爲1.4。
當季自由現金流超過70000萬美元，調整後的自由現金流爲72800萬美元。
當季債務減少32500萬美元，將淨槓桿率拉近至3.1的目標比率。
Business Progress:
業務進展：
L3Harris is on track to exceed its 2024 cost savings target and anticipates $600 million in savings by year-end, contributing to improved margins and operational efficiency.
Significant contract wins in the quarter include a $600 million Next Generation Jammer contract and a $1.2 billion IDIQ contract with the U.S. Navy for P-8A Poseidon fleet support.
The company acknowledged the strong bookings in its Communications Systems segment, especially from international markets, reflecting robust demand for its resilient communications equipment.
l3harris technologies 正在實現超過 2024 年節約成本目標，並預期到年底節約 60000萬美元，有助於提高利潤率和運營效率。
該季度重要的合同贏得包括 60000萬美元的下一代干擾器合同以及價值 12億美元的美國海軍 P-8A 好事預計合同。
公司承認其通信系統部門的強勁訂單，特別是來自國際市場，反映出對其抗干擾通信設備強勁需求。
Opportunities:
機會：
The company highlighted a strategic partnership with Palantir, focusing on delivering advanced solutions which could capitalize on increasing AI applications in defense.
L3Harris anticipates growth opportunities in its solid rocket motor technology, essential for advanced missile and missile defense systems, including hypersonics.
公司強調與 palantir 的戰略合作伙伴關係，專注於提供高級解決方案，可以利用軍工股領域人工智能應用不斷增長。
l3harris technologies 預期在其堅固火箭發動機技術中尋求增長機會，這對於先進導彈和導彈防禦系統至關重要，包括高超聲速武器。
Risks:
風險：
The company is managing various risks associated with program execution and geopolitical factors, as evidenced by the efforts to buffer against supply chain disruptions and operational risks in sensitive market sectors.
公司正在管理與項目執行和地緣政治因素相關的各種風險，這一點可以從努力緩衝供應鏈中斷和敏感市場領域的運營風險中看出。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。
