Company Raises Full Year Outlook
SCHAUMBURG, Ill. — (BUSINESS WIRE) — July 28, 2011 — Motorola Solutions, Inc. (NYSE: MSI):
- Announces $0.22 per share quarterly cash dividend
- Board of directors authorizes up to $2.0 billion share repurchase program through 2012
- Ended quarter with total cash* of $6.7 billion
- Sales of $2.1 billion, up 6 percent from second-quarter 2010
- Government sales of $1.3 billion, up 4 percent from second-quarter 2010
- Enterprise sales of $747 million, up 11 percent from second-quarter 2010
| (In millions, except earnings per share) | Q2 2011 | Q2 2010 | Change | |||
| Total sales | $2,055 | $1,936 | 6% | |||
| GAAP operating earnings | $170 | $161 | 6% | |||
| Non-GAAP operating earnings | $315 | $267 | 18% | |||
| GAAP EPS from continuing operations** | $0.17 | $0.01 | 1600% | |||
| Non-GAAP*** EPS from continuing operations** | $0.57 | $0.37 | 54% | |||
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