Motorola Solutions Reports First-Quarter 2012 Financial Results

Record first-quarter sales and operating earnings

SCHAUMBURG, Ill. — (BUSINESS WIRE) — April 25, 2012 — Motorola Solutions, Inc. (NYSE: MSI):

  • Sales of $2.0 billion, up 7 percent from a year ago
  • Government sales of $1.3 billion, up 11 percent from a year ago
  • GAAP operating earnings of $232 million, up 37 percent from a year ago
  • Non-GAAP operating earnings of $290 million, up 9 percent from a year ago
  • Repurchased $1.4 billion of shares in the quarter
             
(In millions, except earnings per share)   Q1 2012   Q1 2011   Change
Total sales   $1,956   $1,834   7%
GAAP operating earnings   $232   $169   37%
Non-GAAP operating earnings   $290   $266   9%
GAAP EPS from continuing operations*   $0.50   $1.07   (53)%
Non-GAAP** EPS from continuing operations*   $0.59   $0.54   9%

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