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Motorola Reports Quarterly Financials

时间:2012-12-15 23:30来源:www.radioresourcemag.com 作者:秩名 点击:
Motorola recorded sales for the third quarter of $10.6 billion, up 17 percent vs. the year-ago quarter. While our third-quarter sales were slightly below our guidance, we are pleased with our earnings. Each of our business segments and tota
Motorola recorded sales for the third quarter of $10.6 billion, up 17 percent vs. the year-ago quarter. "While our third-quarter sales were slightly below our guidance, we are pleased with our earnings. Each of our business segments and total Motorola improved operating margin vs. the second quarter of 2006, excluding highlighted items," said Ed Zander, chairman and CEO. Sales in the companys networks and enterprise segment, which includes land mobile equipment, were $2.78 billion, up slightly compared with the year-ago quarter. Operating earnings were $378 million, including net reorganization of business charges of $51 million, compared with prior-year operating earnings of $465 million. Motorola highlighted its first network contract for its next-generation public safety platform with Prince George's County, Md., and a contract with O2 Airwave for the world's first PDA device for use on TETRA networks in the financial results....
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