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Motorola Solutions ups FY guidance after strong profit, organic growth in Q1

Friday 4 May 2018 | 09:38 CET | News
Motorola Solutions CEO Greg Brown said the company reported an "outstanding" set of results, with record backlog for a first quarter and strong organic growth, weighed down by legal fees for a past court case. Brown added that the recent acquisition of Avigilon provided a strong foundation for continued revenue and earnings growth. This acquisition, and that of Airbus DS Communications, are now complete. As a result, Motorola has upped its guidance for the full year. It now expects revenues to rise 14 percent, from its earlier guidance of 5 percent growth, adjusted to 10-11 percent in

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