Motorola Solutions Q2 sales decline 2%

Wednesday 24 July 2013 | 16:49 CET | News
Motorola Solutions' second-quarter sales declined 2 percent year-over-year to USD 2.1 billion. Government sales were down 1 percent, while Enterprise sales declined 5 percent. Operating earnings were USD 266 million or 12.6 percent of sales, a decline from USD 278 million or 12.9 percent a year earlier. Earnings per share from continuing operations rose to USD 0.94 from USD 0.60. During the quarter, the company generated USD 82 million in operating cash flow from continuing operations. The company ended the quarter with total cash of USD 3.2 billion while returning USD 621 million to

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