Shaumberg, Illinois electronics company Motorola Inc. on Thursday posted its earnings for the second quarter of 2010. The company's total revenue was $5.41 billion, which beat Wall Street's estimates of $5.19 billion, but was still down against last year's $5.49 billion. The company reported a strong flow of cash for the quarter, with overall earnings of $162 million, up sharply from last year's $26 million. Total sales, however, were down some $83 million against the same quarter last year.
Of Motorola's four divisions: Mobile Devices, Home, Enterprise Mobility Solutions, and Networks, the latter two divisions were the main drivers of profit for the company.
During the quarter, Motorola's Enterprise Mobility solutions scored several noteworthy government contracts, including one to build the first 700MHz LTE public safety network for the San Francisco Bay area, and several Project 25 contracts (interoperable digital two-way radio for first responders) in Georgia, Maryland, New York and Washington. The group also announced the ES400, a dual-mode GSM/CDMA Enterprise Digital Assistant touted as the smallest in its class.
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