TELECOM Digest OnLine - Sorted: Motorola Announces Record Fourth-Quarter Sales and Earnings

Motorola Announces Record Fourth-Quarter Sales and Earnings

Monty Solomon (monty@roscom.com)
Tue, 18 Jan 2005 23:35:50 -0500

Motorola Announces Record Fourth-Quarter Sales and Earnings from
Continuing Operations
- Jan 18, 2005 04:05 PM (PR Newswire)

- Sales of $8.84 Billion, a 27 Percent Increase from Year-Ago Quarter

- Fourth-Quarter Earnings from Continuing Operations of $.28 Per Share

- 31.8 Million Handsets Shipped During the Quarter' Estimated Gain of
3 Points of Global Market Share

SCHAUMBURG, Ill., Jan. 18 /PRNewswire-FirstCall/ -- Motorola, Inc.
(NYSE:MOT) today reported record sales, on a continuing operations
basis, of $8.84 billion in the fourth quarter of 2004, an increase of
$1.9 billion or 27 percent from the fourth quarter of 2003, and
reported earnings from continuing operations of $.28 per share versus
$.18 per share in the year ago quarter. For the full year 2004 on a
continuing operations basis, the company reported sales of $31.3
billion, an increase of $8.2 billion, or 35 percent, from the prior
year, and reported earnings of $.91 per share versus $.39 per share in
2003. During the year the company strengthened its balance sheet,
reduced its total debt(1) by $2.7 billion and ended the year with a
record net cash(1) position of $5.4 billion.

- http://finance.lycos.com/home/news/story.asp?story=46275282

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