For the quarter, the provider of government and enterprise communications products posted revenue of $2.3 billion, up 5% from a year ago and in line with the Street. Non-GAAP profits from continuing operations of 87 cents a share was ahead of the Street at 82 cents.
The company noted that it repurchased $366 million of its common stock in the quarter.
For Q1, the company sees revenues up 4% from the year-ago quarter, with non-GAAP profits of 50-55 cents a share - and there's the issue, I think; the Street had been anticipating 56 cents a share.
For all of 2012, Motorola Solutions sees revenues up 5% from last year; the Street has been projecting 4% growth.
MSI is down $1.88, or 3.9%, to $45.98.
Just to be clear: this is the other Motorola, not Motorola Mobility, which is the business Google is buying.
