Motorola: Q4 EPS pretty flat

(CercleFinance.com) - Motorola Solutions reported nearly flat adjusted EPS of 2.
85 dollars for the final quarter of 2021, with an adjusted operating margin that down 0.4% at 28.9% and revenue that is up 2% to 2.32 billion dollars.

For FY 2021, the telecoms equipment maker reported adjusted EPS that rose 19% to 9.15 dollars, with revenue up 10% to 8.17 billion dollars, compared to previous guidance ranges of 9 to 9.04 dollars and $10 to 10.25%.

Announcing a record backlog and continued robust demand, Motorola said it expects EPS of 9.80 to 9.95 dollars and revenue growth of around 7% for the year ahead.

The share is down about 0.3% in pre-market trading today.


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