Motorola Solutions (MSI) Tops Q4 EPS by 26c, offers guidance
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Motorola (MSI) reports robust FQ4 earnings, analyst raises price target
February 9, 2024 5:04 AM ESTMotorola Solutions (NYSE: MSI) reported better-than-anticipated earnings for the fiscal fourth quarter, but revenue came in slightly below estimates.
The telecom equipment makers shares dropped 2.5% in after-hours trading Thursday.
For FQ4, Motorola reported an EPS of $3.90, beating the estimated $3.64. The company's quarterly revenue was $2.8 billion, slightly below the consensus estimate of $2.82 billion.
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