Motorola profit jumps on higher govt spend

Communications gear maker Motorola Solutions Inc's quarterly profit rose 89 per cent, boosted by higher government spending on public safety. Net income from continuing operations rose to $336 million, or $1.18 per share, in the fourth quarter, from $177 million, or 54 cents per share, a year earlier. Revenue rose 6 per cent to $2.44 billion. Excluding items, the maker of two-way radios and public safety equipment earned $1.10 per share from continuing operations.