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Motorola Solutions latest news:
BRIEF-Motorola Solutions Reports Q4 GAAP Loss Per Share $3.56
* MOTOROLA SOLUTIONS REPORTS FOURTH-QUARTER AND FULL-YEAR
Motorola to buy Canadian security camera maker Avigilon for C$1.2 bln
Feb 1 (Reuters) - Walkie-talkie maker Motorola Solutions Inc
said on Thursday it would buy Canadian security camera
maker Avigilon Corp for C$1.2 billion ($978 million) in
Motorola Solutions tops estimates and sets upbeat outlook
Motorola Solutions Inc. said Thursday it had a net loss of $575 million, or $3.56 a share, in the fourth quarter, after earnings of $243 million, or $1.43 a share, in the year-earlier period. The number included a $5.50 a share charge related to tax reform. Adjusted per-share earnings came to $2.10, ahead of the FactSet consensus of $2.04. Sales rose to $1.957 billion from $1.883 billion, also ahead of the FactSet consensus of $1.943 billion. The company said it now expects first-quarter adjusted EPS of 83 cents to 88 cents and revenue growth of about 7%. For 2018, it expects adjusted EPS of $6.50 to $6.65 and revenue growth of about 5%. The FactSet consensus is for first-quarter EPS of 80 cents and revenue growth of about 4%. The FactSet consensus for 2018 is for EPS of $5.96 and revenue growth of about 3%. Shares were flat in after-hours trade, but have gained 24% in the last 12 months, matching the S&P 500's gains. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Motorola Solutions To Acquire Avigilon
Motorola Solutions Inc(MSI): * MOTOROLA SOLUTIONS TO ACQUIRE AVIGILON, LEADER IN ADVANCED VIDEO SURVEILLANCE AND ANALYTICS. * MOTOROLA SOLUTIONS TO ACQUIRE AVIGILON, LEADER IN ADVANCED VIDEO SURVEILLANCE AND ANALYTICS. * Motorola Solutions Inc(MSI) - DEAL FOR CAD$27.00 PER SHARE. * Motorola Solutions Inc (MSI) - ENTERPRISE VALUE OF TRANSACTION IS APPROXIMATELY US$1.0 BILLION INCLUDING AVIGILON'S NET DEBT.
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