Robert Growney
Robert Growney
broadband continued earnings formed general growth improving merger network pleased results sales systems
Motorola's growth in sales has continued to accelerate, and our earnings are on an improving trend. We are especially pleased by the results in our new Broadband Communications Sector, which was formed after the merger with General Instrument, the improvements in our network systems business, and the sequential growth in quarterly earnings for semiconductors.
forecast fourth growth higher improved last quarter sales year
In the fourth quarter of last year our forecast for 1998 called for higher sales growth and improved profitability, but that has not materialized.
earnings guidance ongoing operations per percent prior raising represent share slightly versus
We are slightly raising our prior guidance on earnings per share for 2000 to $3.14, which would represent a 67 percent increase, versus 1999's EPS on ongoing operations of $1.88.