Motorola Solutions (MSI) Tops Q4 EPS by 18c, Q1 EPS Comes in Light

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Motorola Solutions Reports Fourth-Quarter and Full-Year 2016 Financial Results

February 2, 2017 4:10 PM EST

Company achieves full-year record operating earnings, free cash flow1 and backlog

FOURTH-QUARTER HIGHLIGHTS

Sales of $1.9 billion, up 12 percent from a year ago, including $124 million from Airwave Products sales of $1.2 billion, up $101 million or 9 percent GAAP earnings per share (EPS) from continuing operations of $1.43 Non-GAAP EPS from continuing operations2 of $2.03, up 28 percent Generated $513 million in operating cash flow; $1.2 billion for the full year Generated $453 million in free cash flow1; $894 million for the full year... More