Motorola Mobility (NYSE: MMI) Earnings Q2 2011

August 4, 2011
Tools

*In January, Motorola, Inc., formerly traded under the now-defunct stock symbol NYSE: MOT, separated into two separate, publicly traded companies. This feature includes the earnings report of one of those companies, Motorola Mobility (NYSE: MMI). To read more about the split, check out this article from FierceMobileIT and this article at 24/7 Wall St.

View MMI Q2 Earnings Report

Highlights:

  • Mobile Devices revenues of $2.4 billion, up 41 percent from second quarter 2010; GAAP operating loss of $85 million; non-GAAP operating loss of $31 million
  • Shipped 11.0 million mobile devices, including 4.4 million smartphones and 440,000 tablets
  • Home revenues of $907 million, up 2 percent from second quarter 2010; GAAP operating earnings of $62 million; non-GAAP operating earnings of $90 million
  • Net revenues of $3.3 billion, up 28 percent from second quarter 2010
  • GAAP net loss of .19 per share compared to net earnings of .27 per share in second quarter 2010
  • Non-GAAP earnings of .09 per share compared to .30 loss in second quarter 2010

Key statistics for MMI from Yahoo! Finance

Motorola's website

Related Articles:
Motorola split official
Motorola to introduce more Android tablets this year
Motorola, Polycom to offer HD telepresence on Xoom tablet
Motorola cozies up to enterprises with new CIO-focused group
Motorola Xoom tablet to get Android 3.1 update this week

Filed Under
,
Press Releases
Sponsored Links