Motorola says profits for 2nd quarter, year won't reach Wall Street estimates
Article Abstract:
Motorola Inc. shares fell 18% on the news that second-quarter and year profits will not match Wall Street expectations. This forecast came just a day after the company reported first-quarter earnings of $448 million up from $199 million in the first-quarter of last year.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
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Motorola's 3rd-period operating profit rose 66%
Article Abstract:
Motorola Corp.'s 3Q net income was $531 mil on revenue of $9.49 bil, compared to $114 mil income from $8.22 bil revenue for the comparable 1999 period. The company saw a 23% decline in new cell phone orders resulting in sales of $3.2 bil for that line business. Nokia is putting pressure on Motorola in Europe. Motorola says it is changing to more efficient production processes for its cell phones. The semiconductor business saw sales rise 30% to $2.1 bil., with orders up 19% to $2.2 bil
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
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Motorola net falls 58%, meets low expectations
Article Abstract:
Motorola Inc.'s fourth quarter results met the lowest of the analyst's estimates even though they expected it to do better. Their net income fell 58% from $323 million to $135 million.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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