Financial Data and Key Metrics Changes - Q2 revenue grew 12% year-over-year, exceeding guidance, with double-digit growth in both segments and all three technologies [102][138] - GAAP operating earnings were $518 million, or 21.6% of sales, up from 16.7% in the prior year, while non-GAAP operating earnings were $641 million, up 29% from the year-ago quarter [102][139] - Operating cash flow for Q2 was $93 million, up $83 million year-over-year, and free cash flow was $40 million, up $89 million [4] Business Line Data and Key Metrics Changes - In the Software and Services segment, revenue increased by 13%, with operating earnings up 15% [30][140] - The Products and Systems Integration segment saw sales rise by 12%, with operating earnings growing by 52% [101][102] - Ending backlog reached a record $14.3 billion, up 6% year-over-year, driven by strong demand across all technologies [33][138] Market Data and Key Metrics Changes - North America Q2 revenue was $1.6 billion, up 11%, while international revenue was $762 million, up 16% [110] - The company experienced currency headwinds of $23 million during the quarter, while acquisitions contributed an additional $20 million [102] Company Strategy and Development Direction - The company is focusing on enhancing its AI capabilities to improve public safety and enterprise security solutions [8][143] - Continued investment in software and services is expected to drive growth, with a strong pipeline for multiyear contracts [112][111] - The company is leveraging its global installed base to sell more value-added software and services [112] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand drivers for public safety and enterprise security, indicating a healthy business environment [39][146] - The company raised its full-year guidance for revenue and earnings per share, reflecting robust customer demand and a strong backlog [3][104] - Management noted that the funding environment for public sector remains strong, benefiting from increased tax receipts due to inflation [52][146] Other Important Information - Moody's upgraded the company's credit rating from Baa3 to Baa2, highlighting the strength of its balance sheet and liquidity [6] - The company anticipates approximately $1.9 billion in operating cash flow for the full year, with consistent cash flow linearity expected [4] Q&A Session All Questions and Answers Question: Clarification on expenses related to Airwave accounting - Management clarified that the accounting treatment for Airwave will result in an $80 million reduction in revenue for the back half of the year, but they remain confident in their overall business performance [9][145] Question: Insights on public sector funding and its evolution - Management indicated that the funding environment for public sector remains strong, with various tax streams benefiting from inflation, which has led to increased tax receipts [51][52] Question: Expectations for margins and profitability - Management expects to see continued margin expansion, with a projected $60 million benefit from lower broker fees in 2024 [42][119] Question: Status of the integration of Rave Wireless with VESTA - Management confirmed that the integration of Rave with VESTA is progressing well, enhancing public safety capabilities and driving demand in the education sector [171]

Motorola Solutions, Inc. (NYSE:MSI) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET And with that, I will turn it over to Greg. Welcome to the Motorola Solutions First Quarter 2023 Earnings Conference Call. Today???s call is being recorded. If you have any objections, please disconnect at this time. The presentation material and additional financial tables are posted on the Motorola Solutions Investor Relations website. In addition, a webcast replay of this call will be available on our website with ...

279 $ ls ୧୧ 54 71 79 Depreciation Expense 46 Intangible Amortization Expense 63 509 467 s S 45 190 14 6 l 181 Below OE Highlighted Items *** 2 745 2,778 Q1 2023 6.014 Less Cash and Cash Equivalents ls Net Debt Trailing Twelve Months ("TTM") Adjusted EBITDA 1.8 NET DEBT TO ADJUSTED EBITDA CALCULATION SUPPLEMEN NON-GAAP MEASURES 226 257 36 4 imera MOTOROLA SOLUTIONS 13 - Other Above OE Highlighted Items *** 10 5 Adjusted EBITDA $ 589 है | S 1 Net Debt Q1 2023 4,993 Net Debt to TTM Adjusted EBITDA NET DEBT CAL ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K _____________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File number 1-7221 _____________________________ MOTOROLA SOLUTIONS, INC. (Exact name of registrant ...

11 % Net sales Loss on ESN fixed asset impairment Non-GAAP gross margin Reorganization of business charges GAAP OE % Non-GAAP below OE highlighted items" Non-GAAP below OE highlighted items Motorola Solutions, Inc. and Subsidiaries Non-GAAP Trend (In millions, except for per share amounts) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------|-------|--------------|-------------|---------------|-------|-------------|----------|-------- ...

MOTOROLA SOLUTIONS 1 INVESTOR OVERVIEW NOVEMBER 2022 ● Investment Thesis ● Total Addressable Market ● Who We Serve ● Segments and Technologies ● Financials ● Capital Allocation Communications 2 38% of 2021 revenue from Software & Services, a proxy for ARR 112% Annual Free Cash Flow Conversion Avg. Since 2015 18% CAGR Non-GAAP EPS Growth Since 2015 We are the global leader in public safety and enterprise security solutions Video Security and Access Control LMR Command Center Software 5M+ fixed video cameras ...

Financial Data and Key Metrics Changes - Revenue grew by 13% year-over-year, with earnings per share (EPS) increasing by 28% and operating margins expanding by 220 basis points [8][31] - The ending backlog reached a record $13.5 billion, up 19% from the previous year, despite a $800 million unfavorable currency impact [9][31] - GAAP operating earnings were $373 million, with a non-GAAP operating margin of 28.5%, up from 26.3% [12][31] Business Line Data and Key Metrics Changes - Products and Systems Integration segment revenue increased by 15%, driven by strong demand for video security and land mobile radio technologies [9][17] - Software and Services revenue rose by 8%, with a 13% increase when normalized for foreign exchange [9][21] - Video security and access control technologies saw a remarkable 33% growth [11] Market Data and Key Metrics Changes - North America revenue was $1.7 billion, up 16%, while international revenue was $686 million, up 4% [23] - The backlog in the Products and Systems Integration segment increased by 35% year-over-year, while Software and Services backlog rose by $876 million [26][27] Company Strategy and Development Direction - The company is focusing on investing in new products and strengthening its ecosystem, with recent expansions in the APX NEXT device portfolio and new video integrations [32] - The management emphasized the importance of navigating supply chain challenges and maintaining high inventory levels to meet record demand [30][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment and robust funding, projecting revenue growth of approximately 9.25% to 9.5% for the full year [29] - The company anticipates continued semiconductor supply chain challenges into 2023, which will affect inventory levels and operational strategies [40][41] Other Important Information - The company closed the acquisition of Barrett Communications for $18 million during the quarter [16] - Full-year foreign exchange headwinds are now expected to total about $220 million, an increase from previous estimates [29] Q&A Session Summary Question: Clarification on exiting the ESN contract - Management indicated that exiting the ESN contract is a result of ongoing negotiations and is likely to occur before the end of 2024, with mutual interest in reaching a conclusion [37][38] Question: Impact of ESN exit on Airwave negotiations - Management clarified that while the ESN exit is related to Airwave, they are separate issues, and they continue to engage with the CMA regarding the Airwave contract [46][47] Question: Supply chain dynamics and backlog - Management acknowledged ongoing semiconductor supply constraints but noted that they are managing to meet record demand through higher inventory and increased spending on parts [53][54] Question: Price increases and inflation impact - Management confirmed that price increases have been implemented across the portfolio, which will support growth in the second half of the year [64] Question: Revenue from stimulus funds - Management reported $200 million in revenue tied to the American Rescue Plan year-to-date, with expectations for continued funding through 2024 [87][88] Question: Growth expectations for 2023 - Management provided a directional revenue expectation of about $9.5 billion for 2023, with anticipated growth across all three technologies [39][94]

A MOTOROLA SOLUTIONS EARNINGS PRESENTATION Q3 2022 RESULTS | November 3, 2022 SAFE HARBOR A number of forward-looking statements will be made during this presentation. Forward-looking statements are any statements that are not historical facts. These forward-looking statements are based on the current expectations of Motorola Solutions, and we can give no assurance that any future results or events discussed in these statements will be achieved. Any forward-looking statements represent our views only as of ...

Motorola Solutions, Inc. (NYSE:MSI) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Tim Yocum - VP, IR Gregory Brown - Chairman & CEO Jason Winkler - EVP & CFO John Molloy - EVP & COO Mahesh Saptharishi - EVP & CTO Conference Call Participants George Notter - Jefferies Erik Lapinski - Morgan Stanley Adam Tindle - Raymond James & Associates Keith Housum - Northcoast Research Partners Michael DiPalma - William Blair & Company Paul Silverstein - Cowen and Company Sami Badri - Cr ...

Motorola Solutions, Inc. (NYSE:MSI) Q1 2021 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Tim Yocum - VP, IR Gregory Brown - Chairman & CEO Jason Winkler - EVP & CFO John Molloy - EVP & COO Mahesh Saptharishi - EVP & CTO Conference Call Participants Keith Housum - Northcoast Research Partners George Notter - Jefferies Paul Silverstein - Cowen and Company Meta Marshall - Morgan Stanley Sami Badri - Credit Suisse Ben Bollin - Cleveland Research Fahad Najam - Loop Capital Louie DiPalma ...