Motorola Reports $174-Million Profit

Motorola Inc. had a fiscal fourth-quarter profit of $174 million after the world’s No. 2 mobile-telephone maker pared jobs and sales rose 3.2%, beating company and analyst forecasts.

Net income was 8 cents a share, contrasted with a net loss of $1.24 billion, or 55 cents, a year earlier. Sales rose to $7.55 billion from $7.31 billion. It was the first time in two years the company had net income in consecutive quarters.

Shares of Schaumburg, Ill.-based Motorola rose 35 cents to $9.10 in extended trading after the report. They had slipped 2 cents to $8.75 on the New York Stock Exchange.