Motorola (NYSE: MOT) Earnings Q2 2010
Highlights:
- Second-quarter sales of $5.4 billion
- Second-quarter GAAP earnings of $0.07 per share, compared to GAAP earnings of $0.01 per share in second quarter 2009; non-GAAP earnings per share* of $0.09 compared to earnings of $0.03 per share in second quarter 2009
- Total cash** of $8.3 billion; completed $500 million debt tender offer
- Enterprise Mobility Solutions sales of $1.9 billion; GAAP operating earnings of $181 million; non-GAAP operating earnings of $292 million
- Mobile Devices sales of $1.7 billion; shipped 8.3 million handsets, including 2.7 million smartphones; GAAP operating earnings of $87 million; non-GAAP operating loss of $109 million
- Networks sales of $967 million; GAAP operating earnings of $178 million; non-GAAP operating earnings of $191 million
- Home sales of $886 million; GAAP operating earnings of $29 million; non-GAAP operating earnings of $57 million
- Announced sale of majority of Networks business to Nokia Siemens Networks
Key statistics for MOT from Yahoo! Finance
Motorola's website
Related Articles:
Motorola Droid X sold out at Verizon Wireless
Motorola, Sprint target enterprises with new WinMo 6.5 device
Verizon's new Droid X may have features appealing to mobile workers
Motorola open to using Windows Phone 7
Motorola files patent complaint against RIM



Comments