Motorola Solutions (MSI) Tops Q1 EPS by 12c, Reaffirms FY Growth Outlook
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Motorola Solutions Reports First-Quarter 2016 Financial Results
May 5, 2016 4:12 PM EDTSales of $1.2 billion, down 2 percent from a year ago, including $22 million of unfavorable foreign currency impact and $61 million in revenues associated with the Airwave acquisition North America sales grew 2 percent, driven by both Products and Services segment sales Managed & Support services grew 30 percent, or 6 percent excluding Airwave Backlog ended at $8.3 billion, an increase of 43 percent, driven by Airwave and Managed & Support services growth GAAP earnings per share (EPS) from continuing operations1 of $0.10 Non-GAAP EPS from continuing operations* of... More
