Motorola Solutions Reports Preliminary Fiscal 2014 First Quarter Results

About Motorola Solutions

Motorola Solutions is a leading provider of mission-critical communication solutions and services for enterprise and government customers. Through leading-edge innovation and communications technology, it is a global leader that enables its customers to be their best in the moments that matter. Motorola Solutions trades on the New York Stock Exchange under the ticker “MSI.” To learn more, visit www.motorolasolutions.com. For ongoing news, please visit our newsroom or subscribe to our news feed.

MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. ©2014 Motorola Solutions, Inc. All rights reserved.

           
Non-GAAP-1
Motorola Solutions, Inc. and Subsidiaries
Non-GAAP Adjustments (Intangibles Amortization Expense, Stock-Based Compensation Expense and Highlighted Items)
                     
Q1 2014
 
PBT Tax PAT
Highlighted Items Statement Line (Inc)/Exp Inc/(Exp) (Inc)/Exp EPS impact
 
Intangibles amortization expense Intangibles amortization $ 5 $ 1 $ 4 $ 0.02
Share-based compensation expense Cost of sales, SG&A and R&D 36 11 25 0.10
Reorganization of business charges Cost of sales and Other charges 22 6 16 0.06
Gain on sale of building and land Other charges (21 ) (8 ) (13 ) (0.05 )
Recognition of previously unrecognized income tax benefits Income tax expense - 30 (30 ) (0.12 )
       
Total impact on Net earnings $ 42 $ 40 $ 2 $ 0.01
   
Non-GAAP-2
Motorola Solutions, Inc. and Subsidiaries
Operating Earnings after Non-GAAP Adjustments
     
Q1 2014
     
Net sales $ 1,801
Operating earnings ("OE")   $ 170  
 
Above-OE non-GAAP adjustments:
Share-based compensation expense 36
Reorganization of business charges 22
Intangibles amortization expense 5
Gain on sale of building and land   (21 )
Total above-OE non-GAAP adjustments 42
     
Operating earnings after non-GAAP adjustments   $ 212  
 
Operating earnings as a percentage of net sales - GAAP 9.4 %
Operating earnings as a percentage of net sales - after non-GAAP adjustments   11.8 %

« Previous Page 1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
More Editorial  
Jobs
Staff Software Engineer - (170059) for brocade at San Jose, CA
ASIC Design Engineer for Ambarella at Santa Clara, CA
Timing Design Engineer(Job Number: 17001757) for Global Foundaries at Santa Clara, CA
Verification Engineer for Ambarella at Santa Clara, CA
Technical Support Engineer Germany/UK for EDA Careers at San Jose, CA
Upcoming Events
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017
DVCon 2017 China, April 19, 2017, Parkyard Hotel Shanghai, China at Parkyard Hotel Shanghai Shanghai China - Apr 19, 2017
Zuken Innovation World 2017 at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy