This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Fourth-quarter sales up 3 percent from a year ago; flat for the full year
Fourth-quarter Government sales up 4 percent from a year ago; up 1 percent for the full year
Fourth-quarter GAAP earnings per share (EPS) from continuing operations* up 11 percent from a year ago; up 38 percent for the full year
Fourth-quarter Non-GAAP** EPS from continuing operations up 52 percent from a year ago; up 48 percent for the full year, including a one-time tax benefit of $1.25
Generated $741 million in operating cash flow during the quarter; $944 million for the full year
Repurchased $362 million of shares in the quarter; $1.7 billion for the full year
Total sales ($M)
GAAP operating earnings ($M)
Non-GAAP operating earnings ($M)
GAAP EPS from continuing operations
Non-GAAP EPS from continuing operations
Click here for printable press release and financial tables.
Motorola Solutions, Inc. (NYSE: MSI) announced today its fourth-quarter and full-year 2013 results highlighted by fourth-quarter sales of $2.5 billion, up 3 percent from the fourth quarter of 2012, and full-year sales of $8.7 billion, flat compared with 2012. For the fourth quarter, Government sales were up 4 percent and Enterprise sales were up slightly.
“I’m pleased with the way we finished the year,” said Greg Brown, chairman and CEO of Motorola Solutions. “In Q4, we had revenue growth in both our Government and Enterprise businesses. We also had strong cash generation, expanded operating margin, grew backlog in both businesses, and continued to return capital to shareholders.”