Motorola Solutions: Q1 results above expectations
(CercleFinance.com) - Yesterday evening, Motorola Solutions announced Q1 2019 EPS that is up 25% at 86 cents.
On a non-GAAP basis, EPS increased 16% to 1.28 dollar, exceeding the consensus by 14 cents.
The telecom equipment supplier also reported an adjusted operating margin that rose from 11.6% to 13.8% in the space of one year and for the period. Sales increased 13% to approximately 1.7 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
On a non-GAAP basis, EPS increased 16% to 1.28 dollar, exceeding the consensus by 14 cents.
The telecom equipment supplier also reported an adjusted operating margin that rose from 11.6% to 13.8% in the space of one year and for the period. Sales increased 13% to approximately 1.7 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.