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MSI to Boost Security Portfolio With Strategic Buyout: Stock to Gain?
ZACKS· 2025-01-13 17:50
Motorola Solutions, Inc. (MSI) recently announced that it has signed an agreement to acquire Theatro Labs, Inc. for an undisclosed amount. Theatro offers leading-edge mobile communication platform, powered by generative AI for frontline workers. The company has a strong presence in the U.S. retail sector. This transaction is expected to close in the first half of 2025, subject to regulatory approvals and customary closing conditions.MSI Set to Gain From Theatro’s Robust PortfolioFrontline workers encounter ...
MSI Launches V200 Body Camera for Frontline Workers: Stock to Gain?
ZACKS· 2025-01-10 16:31
Motorola Solutions, Inc. (MSI) recently announced an expansion of its security offerings by introducing the V200 body camera, a solution engineered to support frontline workers in various hostile situations. It is the latest addition to MSI’s comprehensive enterprise security technologies, which includes a wide range of access control, communication and video security solutions.Frontline workers often face unpredictable situations during working hours. This exposes them to various risks including physical h ...
MSI Boosts Norway's Emergency Communication Network: Stock to Gain?
ZACKS· 2024-12-20 18:20
Nødnett and Motorola Partnership - Nødnett is Norway's extensive communication network, covering 100% of the population and supporting 60,000 first responders daily, even in challenging terrains [1] - Motorola Solutions (MSI) has been a key partner of Nødnett since 2012, providing reliable digital radio communication services [1] - The Norwegian Directorate for Civil Protection (DSB) extended its contract with Motorola to enhance Nødnett's network, focusing on operational management and technology upgrades [2] - The new contract is valued at 1.78 billion NOK (approximately $160 million) and will run from 2027 to 2031, with an option for a two-year extension [8] Motorola's TETRA Technology - Motorola's TETRA devices are deployed globally, with around 1,000 units supporting local and national networks [3] - The TETRA radio solution is a comprehensive and advanced mission-critical communication system, widely used in industries such as railways, oil & gas, utilities, and public safety [9] - Motorola offers customizable portable mobile radios and accessories, along with support services to optimize network management and reduce training and maintenance time [9] Market Trends and Growth - The demand for digital radio network technology is expected to grow significantly due to its ease of use, consistency, and durability [3] - Countries like Austria, Denmark, and Portugal are investing steadily in advanced radio communications [3] - Motorola is well-positioned to benefit from this emerging market trend due to its comprehensive portfolio and solid track record [3] Financial Performance and Stock Movement - Motorola's stock has gained 11.7% in the past year, compared to the industry's growth of 74.7% [4] - The company delivered an earnings surprise of 5.10% in the last reported quarter [6] - Motorola currently holds a Zacks Rank 3 (Hold) [5] Industry Competitors - Keysight Technologies (KEYS) holds a Zacks Rank of 2 (Buy) and is expected to benefit from the growing adoption of electronic content in vehicles and driver-assistance systems [6][13] - InterDigital (IDCC) has a Zacks Rank 1 and delivered an earnings surprise of 114.47% in the last reported quarter [14] - Plexus Corp. (PLXS) also holds a Zacks Rank of 1 and delivered an earnings surprise of 20.92% in the last reported quarter [15]
An Increasing Demand For Security Will Drive Growth For Motorola Solutions
Seeking Alpha· 2024-12-18 14:24
I view Motorola Solutions (NYSE: MSI ) as a premium stock that is able to continue growing based on the increasing need for retail and government security systems. The future U.S. administration's stance on crime and immigration will lead toEquity research with an emphasis on intrinsic value. We prioritize undervalued and growing companies, preferably in the early stages of their development. We have an internal wishlist - message us a ticker or write it in comment sections.Analyst’s Disclosure: I/we have n ...
MSI & NOK Team Up to Develop Advanced Drone Solution: Stock to Gain?
ZACKS· 2024-12-13 17:51
Motorola Solutions, Inc. (MSI) recently announced that it has joined forces with Nokia Corporation (NOK) to develop cutting-edge drone technology solutions. The effectiveness of drones for public safety applications is well established. In 2018, Motorola collaborated with the Chula Vista Police Department in California to develop the world's first drone for public safety under DFR (Drone as First Responder Program) and since then, the solution has been successfully used in more than 21,000 missions.Emergenc ...
Nokia and Motorola Solutions announce drone technology integration for public safety and mission-critical industries
GlobeNewswire News Room· 2024-12-12 08:00
Press ReleaseNokia and Motorola Solutions announce drone technology integration for public safety and mission-critical industries 4G/5G drone-in-a-box solution, powered by AI-enabled software, to help first responder agencies and industries keep communities and workers safer.Customers will benefit from enhanced situational awareness, remote operations, and faster decision-making. 12 December 2024Espoo, Finland and Chicago, U.S. - Nokia and Motorola Solutions announced a drone technology integration to launc ...
Motorola Solutions Boosts Emergency Services in UK: Stock to Gain?
ZACKS· 2024-11-19 16:40
Motorola Solutions, Inc. (MSI) announced that Hereford and Worcester FRS, Shropshire FRS, Cleveland Fire Brigade, and Country Durham & Darlington FRS have opted to deploy MSI’s Control Room Solution (“CRS”). The Fire & Rescue agencies operate 77 fire stations, serving 2.5 million people.Supporting such a large number of people is a major operational challenge, particularly during high-demand periods when emergency call handlers and dispatchers can become overwhelmed with assistance requests. System incompat ...
These Analysts Raise Their Forecasts On Motorola Solutions Following Q3 Earnings
Benzinga· 2024-11-08 19:08
Motorola Solutions, Inc. MSI reported better-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance above estimates on Thursday.Motorola Solutions reported quarterly earnings of $3.74 per share which beat the analyst consensus estimate of $3.38 per share. The company reported quarterly sales of $2.79 billion which beat the analyst consensus estimate of $2.76 billion.“Our third-quarter results were exceptional, with record Q3 revenue, earnings and cash flow,” said Greg Brown, cha ...
Motorola Q3 Earnings Beat Estimates on Record Revenues, View Raised
ZACKS· 2024-11-08 16:15
Motorola Solutions, Inc. (MSI) reported strong third-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.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Adjusted earnings and revenues surpassed the respective Zacks Consensus Estimate. In addition, Motorola ended the quarter with record operating cash flow, which further exemplified the strength of its portfolio. ...
Motorola Solutions(MSI) - 2024 Q3 - Earnings Call Transcript
2024-11-08 01:02
Financial Data and Key Metrics Changes - Q3 2024 saw record revenue and earnings per share, with revenue up 9% and earnings per share increasing by 17% [7][12] - GAAP operating earnings were $711 million, representing 25.5% of sales, an increase from 25% year-over-year [11] - Non-GAAP operating earnings rose to $830 million, up 12% from the previous year, with a non-GAAP operating margin of 29.7% [11] - Operating cash flow reached a record $759 million, up $45 million year-over-year, with free cash flow at $702 million, an increase of $53 million [13] Business Line Data and Key Metrics Changes - In the Products and SI segment, sales increased by 11%, primarily driven by growth in LMR, with operating earnings at $522 million or 29.3% of sales [15] - Software and Services revenue grew by 7%, and excluding the U.K. Home Office revenue, it increased by 13%, with operating earnings at $308 million or 30.6% of sales [17] - Notable wins included significant orders in both segments, highlighting strong demand for both products and services [16][18] Market Data and Key Metrics Changes - North America revenue was $2 billion, up 13%, while international revenue was $783 million, up 1% [20] - Ending backlog for Q3 was $14.1 billion, down 1% year-over-year but up 1% sequentially, driven by strong growth in multiyear service and software contracts [21] Company Strategy and Development Direction - The company is raising its full-year estimates for revenue, earnings per share, and cash flow, reflecting strong momentum across the business [9][23] - Focus on integrating voice, video, and data across public safety and enterprise workflows, with an emphasis on cloud and AI applications [28] - Continued investment in long-term multiyear agreements and upgrades to the APX NEXT family of radios [8][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about revenue growth of 5% to 6% for 2025, supported by a strong backlog and record orders [34][36] - The company anticipates continued operating margin expansion and cash flow growth, with a healthy balance sheet [39][76] - Management noted that state and local budgets remain strong, which is favorable for future growth [46][50] Other Important Information - The company completed two acquisitions totaling $223 million and expects to continue pursuing M&A opportunities, particularly in video software and services [14][95] - The recent acquisition of 3tc enhances the company's control room solutions and is expected to improve margins [78] Q&A Session Summary Question: Insights on 2025 growth expectations - Management expects revenue growth of 5% to 6% for 2025, with software and services growing at about twice the rate of Products and SI [34][39] Question: Recurring revenue mix outlook - Recurring revenue remains healthy, with strong adoption of cloud solutions and multiyear services [42][43] Question: Impact of post-election environment on public sector spending - State and local budgets are strong, and the company is optimistic about continued investment in public safety technologies [46][50] Question: Update on backlog expectations - Total backlog is expected to be up year-over-year, supported by strong Q3 orders [53][54] Question: Federal business growth - The federal business is growing, with expectations of over $900 million in revenue this year [58][61] Question: Video product line performance - Video product revenues were down 3% year-over-year, attributed to a high comp from the previous year and a shift towards software [67][70] Question: M&A strategy under different administration - The M&A environment is viewed as favorable, with ongoing engagements and a robust capital allocation framework [74][76]