Motorola Solutions Revenue Up 3 Percent As Government Sales Rise

Motorola Solutions Inc, which makes walkie-talkies, rugged mobile computers and tablets, reported a 3 percent rise in quarterly revenue, helped by higher government sales. Net income rose to $343 million, or $1.31 per share, for the fourth-quarter ended December 31, from $336 million, or $1.18 per share, a year earlier. Revenue rose to $2.50 billion […]

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Motorola Solutions Inc, which makes walkie-talkies, rugged mobile computers and tablets, reported a 3 percent rise in quarterly revenue, helped by higher government sales.

Net income rose to $343 million, or $1.31 per share, for the fourth-quarter ended December 31, from $336 million, or $1.18 per share, a year earlier.

Revenue rose to $2.50 billion from $2.44 billion.

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Government sales, which account for 70 percent of revenue, rose 4 percent.

REUTERS

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