Motorola solutions expects q2 revenue to fall 14% to 17%

Motorola solutions reports first-quarter 2020 financial results.q1 non-gaap earnings per share $1.49.q1 gaap earnings per share $1.12.q1 sales $1.7 billion versus refinitiv ibes estimate of $1.67 billion.sees q2 2020 non-gaap earnings per share $1.18 to $1.27.sees q2 2020 revenue down 14 to 17 percent.q1 earnings per share estimate $1.28 -- refinitiv ibes data.quarter-end backlog of $10.4 billion, up $48 million versus a year ago, inclusive of $462 million of unfavorable currency rates.drew down $800 million from its syndicated, unsecured revolving credit facility during quarter.motorola solutions expects revenue decline of 17% to 14% in q2 2020 compared with q2 of 2019.motorola solutions - ended quarter with $5.9 billion in debt, inclusive of $800 million from revolving credit facility, has no debt maturities in 2020 or 2021.withdrawing its full year guidance.q2 earnings per share view $1.78, revenue view $1.87 billion -- refinitiv ibes data.
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