Motorola split pays off for strengthening Solutions biz

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Motorola split pays off for strengthening Solutions biz

Alex Scroxton

Motorola Solutions, the enterprise and public-sector facing networking vendor that split from Motorola Mobility in a velvet divorce at the start of 2011, has turned in a decent performance during the third quarter, with sales rising 10% and net profit up 16%.

Total revenues of $2.1bn (£1.3bn) and GAAP net earnings of $128m neatly topped analyst expectations, and Motorola was quick to raise its full-year revenue outlook, and is now targeting sales of $2.3bn in the last quarter of the year.

The firm reported solid demand in all regions across both its Government and Enterprise businesses, which accounted for approximately 66% and 34% of sales respectively.

"Our customers continue to invest in solutions that increase revenues and improve operating efficiency," said chairman and CEO Greg Brown.

Among notable successes in the quarter were the renewal of a $95m managed services and support agreement with Airwave for its Terrestrial Trunked Radio (TETRA) network in the UK, which provides comms for the police, fire, ambulance and coastguard sevrices.


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