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Motorola lifts 2024 forecasts, outperforms Q3 expectations
Motorola now anticipates an 8.25% revenue growth for 2024, slightly above the previous 8% estimate.
The company expects adjusted earnings per share to range between US$13.63 and US$13.68. This is up from the earlier projection of US$13.22 to US$13.30.
In the third quarter ending September 28, Motorola reported a revenue of US$2.79 billion and an adjusted profit of US$3.74 per share.
These figures surpassed analyst predictions of US$2.76 billion in revenue and US$3.38 per share in profit.
Recent Motorola developments
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29-Jan-2015 📱 Motorola has sold 3 million phones in India since launch nearly a year ago
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10-Jul-2014 📱 Motorola sells 1 million smartphones in India in 5 months since starting online sales
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27-Dec-2012 📱 Motorola Tops a Nightmare Year with Closure of its Chinese App Store [UPDATED]
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21-Aug-2012 📉 Motorola Confirms China Layoffs, Reaches Deal with Protesting Staff
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17-Aug-2012 📉 Motorola China Employees Protest Against Google, Fear At Least 1,000 Local Lay-Offs [PHOTOS]
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