Reuters: Technology News: Motorola Solutions beats estimates on strong government spending

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Motorola Solutions beats estimates on strong government spending Oct 24th 2012, 11:12 Wed Oct 24, 2012 7:12am EDT (Reuters) - Communications gear maker Motorola Solutions Inc reported better-than-expected quarterly results on strong government spending. Net income rose to $206 million, or 72 cents per share, in the third quarter, from $128 million, or 38 cents per share, a year earlier. Revenue rose 3 percent to $2.20 billion. Excluding items, the company earned 84 cents per share from continuing operations. Analysts on average had expected earnings of 73 cents per share on revenue of $2.15 billion, according to Thomson Reuters I/B/E/S.

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