Motorola Solutions Q4 earnings surge
Quotes

Motorola Solutions Q4 earnings surge

Last Updated: Thursday, January 24, 2013, 13:49
 
 Comment 0
 
Motorola Solutions Q4 earnings surge
Chicago: Motorola Solutions Inc. announced Wednesday that its fourth-quarter earnings jumped 83 percent, supported by stronger sales to government customers.

The Schaumburg-based company earned USD 336 million or USD 1.18 per share, compared with USD 184 million or 56 cents per share a year earlier. Excluding one-time gains and losses, the company reported adjusted earnings of USD 1.10 per share for the quarter, up 26 percent from 87 cents a share a year ago, reported Xinhua.

Sales of the company rose 6 percent to USD 2.44 billion in the quarter, thanks to its sales to government customers, which rose 10 percent.

Just a day ago, Motorola Mobility posted its fourth-quarter phone revenue at USD 1.51 billion, down from USD 2.5 billion a year earlier and USD 1.78 billion in the third quarter.

IANS


First Published: Thursday, January 24, 2013, 13:49


Comments


comments powered by Disqus
Reminiscing Lincoln Continental
Reminiscing Lincoln Continental
Jaguar high-wire water crossing
Jaguar high-wire water crossing
2015 DFW Auto Show
2015 DFW Auto Show
Samsung Galaxy S6, Galaxy S6 Edge
Samsung Galaxy S6, Galaxy S6 Edge
Hyundai i20 Active
Hyundai i20 Active

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved