UPDATE 1-Lower costs help Motorola Solutions beat profit estimates May 6- Motorola Solutions Inc, a maker of walkie-talkies and radio systems, reported a better-than-expected quarterly profit, helped by strong demand in North America and lower operating expenses. Cost cuts and a stronger dollar led to a $60 million decline in its operating expenses in the fist quarter ended April 4, Motorola Solutions said on Wednesday.
Motorola tops Street 1Q forecasts SCHAUMBURG, Ill. _ Motorola Solutions Inc. on Wednesday reported first-quarter profit of $74 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Five analysts surveyed by Zacks expected $1.19 billion.
Source: The Associated Press
Motorola Solutions profit beats estimates May 6- Motorola Solutions Inc, a maker of walkie-talkies and radio systems, reported a better-than-expected quarterly profit, helped by strong demand from North America and lower operating expenses. Net income from continuing operations attributable to Motorola Solutions rose to $87 million, or 40 cents per share, in the first quarter ended April 4, from $85...
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