By Micah Maidenberg

Motorola Solutions Inc. (MSI) said demand for equipment and related services led to sales growth in the fourth quarter, helping the company generate better-than-expected revenue and earnings.

Motorola swung to a profit in the December quarter of $423 million, or $2.44 a share, from a loss of $575 million, or $3.56 a share, in the prior-year period, when the communications-technology company recorded tax-related charges tied to federal tax-law changes. Analysts predicted earnings of $2.35 a share, according to FactSet.

The company's adjusted profit, which excludes share-based compensation costs and other expenses, of $2.63 a share in the fourth quarter surpassed the $2.53 a share analysts had forecast.

Sales at Motorola rose 15% to $2.25 billion, beating expectations of $2.22 billion.

Motorola reported no fallout from the U.S. government shutdown, which began in December. The company counts the federal government as one of its largest customers, accounting for 9% of total sales in 2017.

The company expects first-quarter revenue growth of about 11%.

Write to Micah Maidenberg at micah.maidenberg@wsj.com

(END) Dow Jones Newswires

February 07, 2019 16:43 ET (21:43 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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