Record Third Quarter in Sales and Operating Earnings
SCHAUMBURG, Ill. — (BUSINESS WIRE) — October 27, 2011 — Motorola Solutions, Inc. (NYSE: MSI):
- Sales of $2.1 billion, up 10 percent from third-quarter 2010
- Government sales of $1.4 billion, up 9 percent from third-quarter 2010
- Enterprise sales of $726 million, up 13 percent from third-quarter 2010
- Cash flow from continuing operations during the quarter of $477 million and ended the quarter with total cash* of $6.3 billion
- Repurchased $744 million of shares in the quarter
|
(In millions, except earnings per share) |
Q3 2011 |
Q3 2010 |
Change |
|||
| Total sales | $2,105 | $1,908 | 10% | |||
| GAAP operating earnings | $253 | $211 | 20% | |||
| Non-GAAP operating earnings | $358 | $289 | 24% | |||
| GAAP EPS from continuing operations** | $0.45 | $(0.04) | -- | |||
| Non-GAAP*** EPS from continuing operations** | $0.65 | $0.54 | 20% | |||
