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Motorola raises full-year forecasts on steady demand

Government agencies and businesses' efforts to strengthen security and communication infrastructure and prevent disruptions to operations caused by cyberattacks have benefited Motorola. Motorola provides critical communications gear like walkie-talkies, video-surveillance cameras and software solutions, helping communities that the governments and businesses serve during emergencies. The U.S. government and home office of the United Kingdom are Motorola Solutions' largest customers.

Motorola: Q3 Earnings Snapshot

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.38 per share. The communications equipment maker posted revenue of $2.79 billion in the period, which also beat Street forecasts.
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