Investing.com - Motorola (NYSE:MSI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Motorola announced earnings per share of $3.00 on revenue of $2.37B. Analysts polled by Investing.com anticipated EPS of $2.88 on revenue of $2.31B.
Motorola shares are down 12% from the beginning of the year and are trading at $240.00 , down-from-52-week-high.
Motorola shares gained 0.76% in after-hours trade following the report.
Motorola follows other major Information Technology sector earnings this month
Motorola's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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