L3Harris Technologies (LHX) Revenue — Quarter Ended Dec 29, 2023
Revenue rose in the quarter, supported by growth both sequentially and versus the prior-year period.
Key takeaway
Quarter ended Dec 29, 2023 · FY2023 Q4
Revenue rose in the quarter, supported by growth both sequentially and versus the prior-year period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.3B
Revenue reported for this quarter.
Quarter-over-quarter
+8.6%
Change from the immediately preceding quarter.
Year-over-year
+16.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $4.5B | +9.0% |
| Jun 30, 2023 | $4.7B | +13.5% |
| Sep 29, 2023 | $4.9B | +15.8% |
| Dec 29, 2023 | $5.3B | +16.6% |
Revenue performance
The reported revenue increased compared to the immediately preceding quarter, continuing an upward trend seen throughout the fiscal year.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter one year earlier, with the year-over-year gain markedly stronger.
What to watch
Forward-looking statements in the filing highlight risks and uncertainties that could affect future revenue trends.