Motorola (NYSE: MOT) Earnings Q3 2010

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View MOT Q3 Earnings Report

Highlights:

  • Third-quarter sales up year-over-year; first growth quarter since fourth quarter of 2006
  • Third-quarter GAAP earnings of $0.05 per share, compared to GAAP earnings of $0.01 per share in third quarter of 2009
  • Non-GAAP earnings per share, including discontinued operations, of $0.16 compared to $0.06 per share in third quarter of 2009, exceeding the Company's guidance of $0.10 - $0.12 per share
  • Total cash increased to $9.0 billion
  • Mobile Devices sales of $2.0 billion; shipped 9.1 million handsets, including 3.8 million smartphones; GAAP operating loss of $43 million; non-GAAP operating earnings of $3 million
  • Enterprise Mobility Solutions sales of $1.9 billion; GAAP operating earnings of $253 million; non-GAAP operating earnings of $321 million
  • Home sales of $912 million; GAAP operating earnings of $49 million; non-GAAP operating earnings of $77 million

Key statistics for MOT from Yahoo! Finance

Motorola's website

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