Motorola said today it expects a loss in the second quarter a few cents higher than the loss reported in the first quarter.
The mobile phone maker yesterday reported its first quarterly operating loss in 15 years. The company said it lost $206 million from ongoing operations in the first quarter, or 9 cents a share, compared with a profit of $481 million, or 21 cents, a year ago.
The company said sales in the second quarter are expected to "increase somewhat" from the $7.8 billion reported for the first quarter.
Motorola said it expects a gradual rise in sales and profitability in the second half of this year.