Symbol (SBL) matched third-quarter targets as the bar code company moves toward a $4 billion merger with Motorola (MOT) .

The Holtsville, N.Y., tech shop made $23 million, or 9 cents a share, for the quarter ended Sept. 30, up from the year-ago $17 million, or 7 cents a share. Revenue rose to $459 million from $441 million a year ago.

Excluding certain items, latest-quarter earnings were 12 cents a share, matching the Thomson Financial analyst consensus estimate.

"I'm extremely pleased with our third-quarter results and our consistency in delivering revenue growth, maintaining our strong margins and improving cash flow from operations, while also increasing our investment in innovation. Our sharp focus on execution of our business strategy and superior operational performance is producing positive results and enabling our innovation engine to flourish," said CEO Sal Iannuzzi. "I thank our customers, partners and associates for their continued support."

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Because of the Motorola deal, Symbol won't be hosting a teleconference to discuss results for the third quarter of 2006, and will not be providing guidance for the fourth quarter of 2006.