Motorola Solutions(MSI)
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Motorola Solutions, Inc. (MSI) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-08-02 14:16
Have you been paying attention to shares of Motorola (MSI) ? Shares have been on the move with the stock up 3.3% over the past month. The stock hit a new 52-week high of $403.53 in the previous session. Motorola has gained 27.3% since the start of the year compared to the 18.2% move for the Zacks Computer and Technology sector and the 18% return for the Zacks Wireless Equipment industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our e ...
Motorola (MSI) Q2 Earnings Top Estimates on Record Revenues
ZACKS· 2024-08-02 13:41
Motorola Solutions, Inc. (MSI) reported strong second-quarter 2024 results with record revenues and operating earnings, driven by the diligent execution of operational plans and healthy growth dynamics backed by solid order trends. Both adjusted earnings and revenues surpassed the respective Zacks Consensus Estimate. In addition, Motorola ended the quarter with a solid backlog, which further exemplified the strength of its portfolio. The company expects this growth momentum to continue in the near term on r ...
Motorola Solutions(MSI) - 2024 Q2 - Earnings Call Transcript
2024-08-02 01:15
Motorola Solutions, Inc. (NYSE:MSI) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Tim Yocum - Vice President of Investor Relations Greg Brown - Chairman and Chief Executive Officer Jason Winkler - Executive Vice President and Chief Financial Officer Jack Molloy - Executive Vice President and Chief Operating Officer Mahesh Saptharishi - Executive Vice President and Chief Technology Officer Conference Call Participants Alyssa Shreves - Barclays Capital Matt Niknam - Deutsche ...
Motorola Solutions(MSI) - 2024 Q2 - Earnings Call Presentation
2024-08-01 23:41
Earnings Presentation Q2 2024 Results | August 1, 2024 | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Compared to Estimates, Motorola (MSI) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-01 23:00
Motorola (MSI) reported $2.63 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 9.4%. EPS of $3.24 for the same period compares to $2.65 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.59 billion, representing a surprise of +1.53%. The company delivered an EPS surprise of +7.64%, with the consensus EPS estimate being $3.01. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
Motorola (MSI) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 22:26
Motorola (MSI) came out with quarterly earnings of $3.24 per share, beating the Zacks Consensus Estimate of $3.01 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 7.64%. A quarter ago, it was expected that this communications equipment maker would post earnings of $2.52 per share when it actually produced earnings of $2.81, delivering a surprise of 11.51%. Over the last four quarter ...
Motorola Solutions(MSI) - 2024 Q2 - Quarterly Results
2024-08-01 20:12
Exhibit 99.1 1 Motorola Solutions Reports Second-Quarter 2024 Financial Results Company again raises full-year revenue and earnings outlook following strong Q2 results • Sales of $2.6 billion, up 9% versus a year ago ◦ Products and Systems Integration sales up 15% ◦ Software and Services sales flat; up 11% excluding U.K. Home Office sales • GAAP earnings per share ("EPS") of $2.60, up 21% versus a year ago • Non-GAAP EPS of $3.24, up 22% versus a year ago • Operating cash flow of $180 million, up $87 millio ...
LMR And Video Business Will Drive Motorola Solutions Q2 Earnings
Forbes· 2024-07-24 12:00
Motorola logo is seen inside Motorola Solutions office in Krakow, Poland on February 22, 2022. ... [+] (Photo by Beata Zawrzel/NurPhoto via Getty Images) Motorola Solutions (NYSE: MSI) - one of the largest suppliers of land-mobile-radio solutions - has seen its stock rise 25% year-to-date. This compares to Ericsson stock which has gained just about 4% over the same period. Motorola is poised to report its Q2 2024 earnings in early August and we expect revenues to come in at $2.6 billion, up about 8% versus ...
Motorola (MSI) Boosts Wisconsin Counties' Public Safety Network
ZACKS· 2024-07-15 14:01
Motorola's support through WiPSN ensures that first responders in Milwaukee and Waukesha counties have a reliable network to keep their communities safe. The elimination of physical infrastructure and immediate access to advancements provided by the company significantly enhances operational efficiency and responsiveness. It remains poised to benefit from organic growth and acquisition initiatives, disciplined capital deployment and a favorable global macroeconomic environment. Its competitive position and ...
Motorola (MSI) Opens R&D Facility in Ireland to Drive Innovation
ZACKS· 2024-07-08 17:17
Motorola Solutions, Inc. (MSI) recently announced the inauguration of a new research and development center in Cork, Ireland. Motorola already boasts a strong presence in the country. The company acquired TETRA Ireland Communications Limited in 2022 to strengthen its land mobile radio (LMR) communications portfolio and its worldwide Managed & Support Services business. Motorola currently provides its secure communications network to emergency services for Ireland's National Digital Radio Service. Motorola's ...