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If not for certain items unrelated to its ongoing business, Motorola Mobility said it would have earned 20 cents per share in its most recent quarter. That's below the average estimate of 26 cents per share among analysts polled by FactSet. Before the company released its preliminary results earlier this month, analysts were expecting 42 cents per share. Revenue totaled $3.4 billion, unchanged from the previous year. Before the company advised investors of the fourth-quarter letdown, analysts projected revenue of $3.9 billion for the period. Google also could use Motorola Mobility's cable TV boxes as vehicles for delivering more of its Internet services and advertising to living rooms across the U.S. Fourth-quarter revenue in Motorola Mobility's home division fell 11 percent from the previous year to $897 million on lower sales set-top boxes. The division's operating profit edged up 6 percent to $57 million. The results didn't sway Motorola Mobility's stock that much because Google's $40-per-share offer is still on the table. Motorola Mobility's shares edged up 7 cents to $38.74 in extended trading, after rising 7 cents during regular trading as well. Google shares added 90 cents to $569 after hours. Motorola Mobility said Thursday that it is hoping to close the Google deal "as expeditiously as possible," but it didn't provide a specific timetable. If the acquisition doesn't go through, Google will have to pay a $2.5 billion breakup fee.
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