Motorola Solutions Q1 2017 financial results

Motorola Solutions released its first quarter financial results some hours ago. The company reported sales of $1.3B with services up 18% compared to the previous year.

The Chicago-based company also reported earnings of $224M which equals to a 17.5% operating margin, or earnings per share of $0.71 dollars. The company is expected to report revenue growth of 2% for 2017.

Motorola Solutions provides public-safety and business solutions to companies and government agencies across the world. The company has around 20,000 employees and is worth $14.15B dollars. Motorola Solutions is the legal successor to Motorola, Inc., while Motorola Mobility was the result of the spin-off of the mobile division.

If you want to learn more about Motorola Solutions, check its dedicated product section we did, here.