Motorola Solutions released its annual forecast, predicting sales and profit that surpass Wall Street’s estimates, driven by its robust public safety technology business. The company expects strong government spending and upgrades in public safety radio systems, video security, and command center software to fuel its growth. Motorola’s shares increased over 3% in extended trading following the optimistic outlook.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Motorola Solutions forecasts annual sales and profit above estimates
Motorola Solutions released its annual forecast, predicting sales and profit that surpass Wall Street’s estimates, driven by its robust public safety technology business. The company expects strong government spending and upgrades in public safety radio systems, video security, and command center software to fuel its growth. Motorola’s shares increased over 3% in extended trading following the optimistic outlook.