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Motorola Solutions revenue hits record level for FY after rising 4% in Q4

Friday 2 February 2018 | 11:35 CET | News
Motorola Solutions said it finished the year with record revenues, operating profit, cash flow and backlog, with organic growth driven by strength in land-mobile radio (LMR) systems. CEO Greg Brown added that continued growth is expected for LMR and software and services. Revenues for the fourth quarter rose in line with guidance, up by 4 percent to USD 1.957 billion, with organic growth going 2 percent higher on strength in the Americas. Products grew 1 percent while Services lifted 10 percent, with growth in every region. Managed and Support Services advanced 17 percent.

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