(Bloomberg) -- Motorola Inc. fell in extended U.S.
trading after the world's second-biggest maker of mobile phones
said it had a quarterly loss as sales missed its forecasts for
the third time this year.
Shares of the Schaumburg, Illinois-based company declined
25 cents, or 1.4 percent, to $17.70 as of 6:36 p.m. in New York.
Motorola said in a preliminary statement that it had a second-
quarter loss of as much as 4 cents a share. Sales were between
$8.6 billion and $8.7 billion, the company said. That compares
with Motorola's April prediction for per-share earnings of as
much as 3 cents on sales of $9.4 billion.
Read more at Bloomberg Stocks News
trading after the world's second-biggest maker of mobile phones
said it had a quarterly loss as sales missed its forecasts for
the third time this year.
Shares of the Schaumburg, Illinois-based company declined
25 cents, or 1.4 percent, to $17.70 as of 6:36 p.m. in New York.
Motorola said in a preliminary statement that it had a second-
quarter loss of as much as 4 cents a share. Sales were between
$8.6 billion and $8.7 billion, the company said. That compares
with Motorola's April prediction for per-share earnings of as
much as 3 cents on sales of $9.4 billion.
Read more at Bloomberg Stocks News
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