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Motorola Solutions again ups FY guidance as Q2 revenue beats forecast

Friday 4 August 2017 | 12:51 CET | News
Motorola Solutions said revenues beat its guidance, rising 5 percent from the year before to USD 1.49 billion, driven mainly by its land mobile radio (LMR) business and growth in the Americas region. The company had guided for growth of 2-3 percent. Going forward, Motorola expects a slightly slower third quarter but has again raised its full year forecast. Revenues for Q3 are seen up 3-4 percent, with adjusted EPS at USD 1.36-1.41. For the full year, Motorola is now forecasting revenues up also 3-4 percent, from its previous outlook of 2 percent, and for adjusted EPS to go to 5.20-5.30 USD,

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