A published report Motorola Solutions for the third quarter of 2017
At the same time with many other producers whose fiscal year coincides with the calendar, Motorola Solutions has published the report for the third quarter of 2017.
Motorola Solutions ‘ revenue for the reporting period amounted to 1,645 billion. This was 7% more than last year, which was equal to 1,532 billion.
Revenue growth was accompanied by a decrease in operating profit, which for the quarter amounted to 338 million to $ 341 million dollars in the third quarter of 2016. However, no calculation methodology GAAP gives operating profit grew by 7% from 396 to 423 million dollars.
It remains to add that the sale of products brought the company $ 989 million, and the provision of services is 656 million dollars. And if income growth were recorded in both segments (8% and 7%, respectively), the operating profit increased only in the first (12%), whereas in the second it decreased (by 27%).