Communications and technology provider Harris Corp. (NYSE: HRS – $158.14) said fourth quarter of fiscal year 2018 revenue rose 8% from the comparable quarter a year ago to $1.67 billion, while orders rose 18% to $1.86 billion. Analysts were expecting revenue of $1.62 billion. Both the company’s communications systems and electronic systems segments led to growth in Harris’s overall top line, while revenue from space and intelligence systems was weaker, up 0.4% compared with a year ago. In the fourth quarter, operating margin expanded in both Harris’ space and intelligence systems and electronic systems segments, but compressed by 150 basis points in the communications systems division. For the final quarter of fiscal 2018, Melbourne, Florida-based Harris reported an adjusted profit of $1.78 a share, up from $1.49 a year ago, two cents better than consensus estimates. Harris said it expects revenue to rise between 6% and 8% compared to fiscal 2018 ($6.53 billion and $6.65 billion) and earnings per share from continuing operations of between $7.65 and $7.85 a share. The company is expecting free cash flow to be equal to or more than $1 billion and a tax rate of about 17%. I believe the shares, up over 7% in today’s trading, still have room to run and can be held for the long-term.