Bernstein Upgrades Motorola Solutions Inc. (MSI) to Outperform
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Motorola Solutions Reports Fourth-Quarter and Full-Year 2015 Financial Results
February 22, 2016 4:10 PM ESTCompany closes acquisition of Airwave, leading public safety managed services provider
FOURTH-QUARTER HIGHLIGHTS
Sales of $1.7 billion, down 8 percent, including $54 million of unfavorable foreign currency impact GAAP earnings per share (EPS) from continuing operations1 of $1.56 Non-GAAP EPS from continuing operations* of $1.58, up 26 percent driven by lower operating expenses Generated $414 million in operating cash flow; $1.0 billion for the full year Generated $370 million in free cash flow2; $830 million for the full year Returned $239 million to... More