Motorola last night reported a $203m second-quarter loss, mainly as a result of spinning off its chip unit last week.
Tthe technology giant said it had had a strong quarter, but that costs linked to the initial public offering of Freescale Semiconductor had pushed it into the red.
Factoring in charges of $939m related to the IPO, among other one-off items, the company lost $203m. In the same quarter a year ago, the company posted a profit of $119m.
Excluding once-off items, Motorola had pre-tax earnings of $845m in the latest quarter on revenues of $8.7 billion, which were up six-fold compared with the second quarter of 2003.
