SCHAUMBURG, Ill.-Motorola Inc. lowered its fourth-quarter earnings by 1 percent, the company revealed in Securities and Exchange Commission filings. The company said the changes were “part of its normal closing process conducted to complete its year-end financial statements.”
Motorola lowered its fourth-quarter net earnings from $654 million to $647 million. The company also lowered its full-year 2004 net earnings from $1.539 billion to $1.532 billion.
The company’s stock was down slightly to $15.16 after the news.