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Motorola Solutions revenue slips on weak government sales
October 23, 2013 / 11:28 AM / 4 years ago

Motorola Solutions revenue slips on weak government sales

Oct 23 (Reuters) - Communications gear maker Motorola Solutions Inc posted lower quarterly revenue due to a drop in sales to governments.

Net income attributable to Motorola rose to $307 million, or $1.16 per share in the third quarter, from $206 million, or 72 cents per share, a year earlier.

Revenue fell 2 percent to $2.11 billion. Revenue was pulled down by a 4 percent drop in its government business, which brought in nearly 70 percent of its revenue last year.

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