Motorola Solutions Q4 Financial Results
Motorola Solutions released its fourth quarter financial results some days ago. The company reported sales of $1.9B ending the year with products up 9% and services up 50% compared to the previous year.
The Chicago-based company also reported earnings of $541M which equals to a 28% operating margin, or earnings per share of $2.03 dollars. The company is expected to report revenue growth of 2% for 2017.
Motorola Solutions provides public-safety and business solutions to companies and government agencies across the world. The company has around 20,000 employees and is worth $13B dollars. Motorola Solutions is the legal successor to Motorola, Inc., while Motorola Mobility was the result of the spin-off of the mobile division.
If you want to learn more about Motorola Solutions, check its dedicated product section we did, here.
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