Tuesday, January 24, 2012

Motorola Solutions Sees Strong Q4

Motorola Solutions posted Q4 revenue of $2.3 billion, up 5 percent from a year ago. GAAP operating earnings in the fourth quarter of 2011 were $276 million or 12 percent of sales, compared to $272 million or 12 percent of sales in the fourth quarter of 2010.


Government sales in Q4 totaled $1.5 billion, up 6 percent from a year ago, while enterprise sales were $753 million, up 3 percent from a year ago.


“Our record fourth quarter capped a very strong and exciting year for our company,�? said Greg Brown, chairman and CEO of Motorola Solutions. “We streamlined and strengthened our portfolio, grew operating earnings more than five times revenue growth, expanded operating margins, generated strong cash flow and prioritized return of capital to our shareholders.�?http://www.motorola.com