Zebra Technologies Corporation

Motorola Solutions 3Q profit falls 52 percent

Motorola Solutions 3Q profit falls 52 percent

Schaumburg-based Motorola Solutions, a maker of walkie-talkies and radio systems,

on Tuesday reported that third-quarter profit fell 52 percent on a combination of lower sales and one-time charges.

Net income fell to $147 million, or 59 cents per share, compared with $307 million, or $1.16 per share a year earlier. Excluding business sale gains and losses, income from continuing operations fell to $67 million, or 27 cents per share, from $262 million, or 98 cents per share, a year earlier.

Revenue declined 5 percent to $1.44 billion. Product sales declined 8 percent; services sales were down 1 percent.

Analysts had expected earnings of 41 cents per share on...