Motorola guides for slower Q2, again beats guidance in Q1

Friday 5 May 2017 | 10:02 CET | News
Motorola Solutions reported first quarter revenues lifting 7 percent from the year earlier to USD 1.281billion, including Airwave, again beating expectations and reflecting growth in EMEA and the Americas. The company had guided for growth of 3-4 percent. Looking forward, Motorola is guiding for a slower second quarter but has upped its full year forecast. Revenues for Q2 are now seen up 2-3 percent, with adjusted EPS at USD 0.98-1.03. For the full year, Motorola now expects revenue to lift 2 percent, compared to its previous outlook of 1-2 percent, and for adjusted EPS to go to USD

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Categories: Mobile & Wireless
Companies: Airwave / Motorola / Motorola Solutions
Countries: World
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