Motorola Mobility has announced financial results for the second quarter of 2011. It reported net revenue of $3.3 billion, up 28% from the same period in 2010.
Sanjay Jha, chairman and chief executive officer of Motorola Mobility, said "With a focus on profitable growth and delivering differentiated LTE smartphones and tablets, we expect to achieve profitability in Mobile Devices in the fourth quarter and for the full year 2011."