Motorola Solutions: beats consensus in Q2

(CercleFinance.com) - On Thursday night Motorola Solutions unveiled Q2 EPS that is up 12% at 1.
18 dollar, with adjusted (non-GAAP) EPS that is up 16% at 1.69 dollars, i.e. nine cents above the consensus.

The telecom equipment maker's adjusted operating margin increased by 2.4 points to 23.9%, with revenues up 6% at 1.86 billion dollars, driven by services and software (+9%).

Greg Brown, chairman and CEO of Motorola Solutions said, "Our strong revenue and earnings growth in the quarter, combined with our record ending backlog ($10.9 billion at end June), position us well for continued growth in the second half of 2019 and beyond."


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