Motorola: Q4 beats consensus
(CercleFinance.com) - On Thursday evening Motorola Solutions unveiled Q4 2019 EPS that is down 43% at 1.
39 dollar, although up 12% at 2.94 dollars in adjusted terms (non-GAAP), beating the consensus by 15 cents.
The telecoms equipment maker saw its adjusted operating margin increase by 0.9 point to 29.7%, for sales that are up 5% at 2.38 billion dollars, with its order book increasing by 6% to a record 11.3 billion dollars.
Reporting FY 2019 adjusted EPS that is up 11% at 7.96 dollars, Motorola Solutions has a target range of 8.65 dollars to 8.80 dollars for revenues that are up around 4% in 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
39 dollar, although up 12% at 2.94 dollars in adjusted terms (non-GAAP), beating the consensus by 15 cents.
The telecoms equipment maker saw its adjusted operating margin increase by 0.9 point to 29.7%, for sales that are up 5% at 2.38 billion dollars, with its order book increasing by 6% to a record 11.3 billion dollars.
Reporting FY 2019 adjusted EPS that is up 11% at 7.96 dollars, Motorola Solutions has a target range of 8.65 dollars to 8.80 dollars for revenues that are up around 4% in 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.