Motorola Solutions profit rises 21 percent

April 24 Wed Apr 24, 2013 7:10am EDT

April 24 (Reuters) - Communications gear maker Motorola Solutions Inc posted a 21 percent rise in quarterly profit, but said it expects second-quarter revenue to be flat to down 2 percent from a year earlier.

Net income from continuing operations rose to $192 million, or 68 cents per share in the first quarter, from $159 million, or 50 cents per share, a year earlier.

Revenue rose by about a percent to $1.97 billion. Sales in its government business, which brought in nearly 70 percent of its total revenue last year, rose 3 percent to $1.35 billion.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.