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Motorola Solutions raises profit on flat revenues in Q1

Friday 8 May 2020 | 09:21 CET | News
Motorola Solutions reported strong profit figures on lower revenues for the first quarter, reversing expectations, with CEO Greg Brown attributing the increase to solid demand for video security and software & services. Brown said the company was well positioned to navigate the crisis caused by the covid-19 pandemic, thanks to its mission critical services and strong balance sheet. Nevertheless, the company has withdrawn its full year guidance, due to the uncertainty around the pandemic.

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