Washington, Feb. 10, (dpa/GNA) - Fourth-qu Economics arter earnings increased from the previous year and beat analysts’ estimates, Motorola Solutions announced Thursday.
The company’s earnings totalled $589 million, or $3.43 per share, up from $401 million, or $2.30 per share, in last year’s fourth quarter.
Excluding items, Motorola Solutions reported adjusted earnings of $618 million or $3.60 per share for the period.
Analysts on average had expected the company to earn $3.43 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 16.8% to $2.71 billion, up from $2.32 billion last year.
GNA