Motorola Solutions, Inc. (MSI) recently announced that the San Luis province, Argentina has opted to deploy Motorola TETRA (Terrestrial Trunked Radio) system to boost safety of police forces, first responders and community. Neighboring provinces of Santa Fe, Córdoba and San Juan has already deployed MSI’s mission-critical radio communication system, highlighting growing prominence of the MSI solutions in the Latin American nation.Police officers and frontline workers often have to work in a hostile environm ...

Motorola Solutions, Inc. (MSI) announced that the Western Australian Police force integrated automatic number plate recognition (“ANPR”) system in their vehicles through Motorola’s PSCore mobile application. PSCore is a comprehensive mobile application from Motorola Solutions that combines situational awareness data from the Computer-Aided Dispatch system and productivity data from the Records Management System into one screen. This improves decision making and streamlines several critical functionalities s ...

Motorola Solutions Inc. (MSI) has enhanced its public safety and emergency communication service portfolio through the buyout of RapidDeploy, a complementary cloud-native 911 solution provider for public safety. The acquisition of this Austin, TX-based firm aligns with Motorola's ongoing efforts to bolster its emergency coordination solutions, reinforcing its position in the public safety and enterprise security sectors.What RapidDeploy Brings to the Table for MSIRapidDeploy offers a comprehensive Next Gene ...

Motorola Solutions, Inc. (MSI) recently announced that it has received the highest-level security authorization from the Federal Risk and Authorization Management Program (FedRAMP) for its federal cloud offering. With the FedRAMP High Authorization, federal agencies, as well as state and local agencies, will be able to deploy Motorola’s purpose-built cloud technologies with confidence to meet the highest government standards for managing sensitive, unclassified data.The authorized technologies include Motor ...

Sales and Revenue - In 2024, Motorola Solutions' net sales for the Products and Systems Integration segment were $6.9 billion, accounting for 64% of consolidated net sales[20]. - The Software and Services segment generated net sales of $3.9 billion in 2024, representing 36% of consolidated net sales[27]. - LMR Communications technology represented 83% of the net sales within the Products and Systems Integration segment in 2024[24]. - Video technology accounted for 17% of the net sales in the Products and Systems Integration segment in 2024[26]. - LMR Communications services made up 60% of the net sales in the Software and Services segment in 2024[30]. - Video technology represented 20% of the net sales in the Software and Services segment in 2024[35]. - Command Center technology accounted for 20% of the net sales in the Software and Services segment in 2024[41]. - The U.S. government was the largest customer, contributing approximately 9% of consolidated net sales in 2024[44]. - In 2024, 28% of the company's revenue was generated outside of North America[99]. Backlog and Future Revenue - As of December 31, 2024, the backlog for Products and Systems Integration was $4,135 million, while Software and Services backlog was $10,562 million, totaling $14,697 million[49]. - Approximately 57% of the Products and Systems Integration backlog and 24% of the Software and Services backlog is expected to be recognized as revenue during 2025[50]. - The backlog related to the Airwave services contract was adjusted by $777 million due to a legal order, but an additional $748 million was recorded following a contract extension[50]. - The company recorded an additional backlog of $748 million related to the extension of the Airwave services to December 31, 2029[98]. Research and Development - R&D expenditures increased to $917 million in 2024 from $858 million in 2023 and $779 million in 2022, with around 9,000 employees engaged in R&D activities[53]. - The company has approximately 6,485 granted patents and 725 pending patent applications as of December 31, 2024, with 265 patents granted in 2024 alone[58]. Employee Engagement and Development - The company employs approximately 21,000 people globally, with 40% in engineering roles, reflecting a strong focus on human capital[72]. - The company emphasizes a commitment to employee development through structured mentorship and training programs, enhancing skills for public safety and enterprise security[73]. - The total rewards package for global employees includes stock grants, bonuses, healthcare, and flexible work options, aimed at attracting and retaining talent[75]. - The company reported high levels of employee participation in engagement programs in 2024, indicating a supportive workplace culture[76]. Competition and Market Position - The company faces competition from major players in LMR, Video, and Command Center technologies, including Airbus, Bosch, and Honeywell[48]. - The company actively participates in the development of standards for interoperable systems, enhancing its competitive advantage in core product areas[56]. Risks and Compliance - The company faces risks related to the introduction of new products and services, including increased competition and compliance obligations, which could impact market share and financial condition[83]. - The company may face challenges in retaining key employees from acquired businesses, which could impact integration efforts[91]. - Supply chain disruptions and increased material costs could negatively affect the company's ability to meet customer demands and impact financial results[94]. - The company is committed to maintaining product quality to meet customer expectations and regulatory standards, as quality issues could lead to significant financial and reputational damage[92]. - The company is aware of the potential social and ethical risks associated with AI technologies, which could impact business reputation and customer acceptance[87]. - The company faces significant risks under large, multi-year system and services contracts, including technological, financial, and cybersecurity risks[96]. - The company is exposed to complex global risks due to its operations outside the U.S., including currency fluctuations and compliance with international laws[101]. - The company may face increased costs and potential liabilities due to evolving laws and regulations regarding cybersecurity and data protection[113]. - The company faces uncertainty regarding cross-border data transfers due to varying regulations in countries like Australia and Brazil, which could impact service delivery[116]. - The company is subject to scrutiny regarding its environmental, social, and governance (ESG) practices, which may impact its reputation and business operations[108]. Financial Performance and Shareholder Returns - The company declared quarterly dividends of $0.98 per share for the first three quarters of fiscal 2024 and $1.09 per share for the fourth quarter[179]. - As of December 31, 2024, Motorola Solutions had repurchased approximately $15.8 billion of its $18 billion share repurchase program, leaving about $2.2 billion available for future repurchases[183]. - The five-year cumulative total shareholder return for Motorola Solutions increased to $306.85 by the end of 2024, compared to $100 at the end of 2019[185]. Cybersecurity and IT Risks - The company faces increased cybersecurity threats that could negatively impact operations, sales, and operating results due to potential breaches of IT systems[132]. - The reliance on outsourced partners for IT and network connectivity exposes the company to elevated risks, particularly from public carrier networks[133]. - A significant disruption in IT systems could result in substantial costs for repairs, loss of critical data, and interruptions in service delivery[134]. - The company has implemented a global incident response procedure to manage cybersecurity threats and protect its information systems[156]. - The company maintains a broad portfolio of cybersecurity insurance to ensure appropriate protection against risks[159]. - The company’s cybersecurity program is assessed using frameworks such as the NIST Cybersecurity Framework to manage risks effectively[155]. - The company regularly reviews its cybersecurity and information security reports with the Audit Committee to oversee risks related to cybersecurity threats[161]. Strategic Acquisitions - Recent acquisitions include 3tc Software for $22 million, Noggin for $91 million, and Silent Sentinel for $37 million, among others, totaling significant investments in technology[51]. - Strategic acquisitions are planned to address growth opportunities, but they introduce risks related to integration and achieving anticipated benefits[89]. Product and Technology Innovations - The company aims to enhance safety and security through integrated technologies that unify data and improve operational collaboration[191]. - The Command Center portfolio aims to enhance communication and collaboration between public safety agencies and community members during emergencies[210]. - The software includes AI-powered call transcription and language translation, improving efficiency in 911 communications centers[211]. - Next Generation 911 Core Services (NGCS) facilitate the processing of 911 calls using advanced technology, including voice, data, and multimedia capabilities[212]. - The Emergency Service IP Network (ESInet) supports text, video, and data responses, enhancing the capabilities of 911 call takers[212]. - Interoperability solutions within the Command Center ensure communication across various networks, improving coordination among public safety agencies[213]. - Push-to-talk (PTT) devices enable voice communications over LTE and Wi-Fi, enhancing connectivity for first responders[213]. - The Command Center's incident management solutions help secure people and facilities while sharing critical information with public safety[211]. - Integrated records and evidence management software supports investigations and community engagement through crime mapping[211]. - The company offers mass notification and alerting systems, including panic button mobile applications, for emergency management teams[211]. - The continuous communications network and security operations center are dedicated to public safety, enhancing overall response capabilities[212].

Motorola Solutions, Inc. (MSI) recently announced that it has inked a long-term agreement with the Department of Justice and Community Safety of the Victorian Government to advance the capabilities of state emergency services with Motorola’s advanced Mobile Radio Network. Motorola already has a strong presence in the region. Since 2005, Victoria’s public safety agencies have been utilizing the Metropolitan Mobile Radio Network (MMR), and it has played an essential role during several crisis situations in th ...

Motorola Solutions, Inc. (MSI) reported strong fourth-quarter 2024 results, with both adjusted earnings and revenues surpassing the respective Zacks Consensus Estimate. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company  witnessed healthy revenue and operating earnings growth year over year, driven by the diligent execution of operational plans and strong growth dynamics backed by solid order trends. Management expects this growth momentum to continue in the near term on robu ...

Financial Data and Key Metrics Changes - Q4 revenue grew by 6%, exceeding guidance, with contributions from both segments and all three technologies [14] - GAAP operating earnings were $814 million, representing 27% of sales, an increase from 25.9% year-over-year [15] - Non-GAAP EPS was $4.04, up 4% from $3.90 last year, driven by higher sales and favorable mix [15][18] - Full-year revenue reached $10.8 billion, an 8% increase, with strong growth across all segments [16] - Operating cash flow for Q4 was $1.1 billion, down from $1.2 billion in the prior year, but full-year operating cash flow was a record $2.4 billion, up 17% year-over-year [19] Business Line Data and Key Metrics Changes - In the Products and SI segment, Q4 sales increased by 3%, driven by growth in LMR and video [20] - Software and services revenue in Q4 was up 11%, with notable growth in all three technologies [22] - Full-year Products and SI revenue was $6.9 billion, up 10% from the prior year [21] - Full-year SNS revenue was $3.9 billion, up 5% compared to last year, with a 13% increase when excluding the UK Home Office [24] Market Data and Key Metrics Changes - North America revenue for Q4 was $2.2 billion, up 9%, and $7.8 billion for the full year, up 13% [25] - International Q4 revenue was $807 million, down 3%, primarily due to lower Ukraine revenue and the exit from ESN [25][26] - Full-year international revenue was $3 billion, down 2%, but up mid-single digits when excluding the UK Home Office [26] Company Strategy and Development Direction - The company plans to continue strong investments in software and services, expecting high single-digit or double-digit growth in the SNS segment when normalized for FX [31] - The company anticipates another year of double-digit growth in video and command center technologies [33] - The acquisition of Theatro is expected to enhance capabilities in AI and voice-powered communication for frontline workers [72][74] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the operating environment, citing a strong pipeline and record backlog as indicators of growth potential [60][61] - The company expects Q1 sales to increase between 5% and 5.5%, with non-GAAP EPS between $2.98 and $3.03 per share [28] - For the full year, revenue growth is expected to be approximately 5.5%, with non-GAAP EPS between $14.64 and $14.74 [29] Other Important Information - The company ended the year with a record backlog of $14.7 billion, up $438 million year-over-year [10][26] - The effective tax rate for 2024 was 22%, compared to 21.9% in the prior year [18] Q&A Session Summary Question: Impact of federal spending shifts on customer behavior - Management indicated no changes in customer behavior due to recent federal spending shifts [44] Question: Growth rate for video with cloud adoption - Management noted that cloud adoption is seen as a favorable trend, with continued double-digit growth expected [46] Question: Federal budget approval and expectations for Ukraine revenue - Management does not expect any Ukrainian revenue for 2025, with previous revenue being around $80 million [51] Question: Insights on federal spending and public safety - Management expressed optimism about the federal government's focus on public safety and security, which is expected to drive spending [63] Question: Theatro acquisition details - The acquisition is expected to enhance AI capabilities for frontline workers, particularly in retail [72][74] Question: Local and state spending environment - Management described the current funding environment for local and state spending as strong, with public safety technology being prioritized [86] Question: AI applications in LMR - Management confirmed that AI is being used to improve audio quality and background noise cancellation in LMR networks [94]

Motorola (MSI) reported $3.01 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 5.7%. EPS of $4.04 for the same period compares to $3.90 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3 billion, representing a surprise of +0.38%. The company delivered an EPS surprise of +4.66%, with the consensus EPS estimate being $3.86.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...

Motorola Solutions exceeded expectations in its Q4 2024 earnings, reporting growth in both revenue and earnings per share.Motorola Solutions (MSI -0.18%) is a leader in public safety and enterprise security, offering products and services such as land mobile radio (LMR) communications, video security, and command center software. On February 13, 2025, the company reported its fourth-quarter earnings for 2024, surpassing expectations. It reported a Non-GAAP EPS of $4.04 against the $3.89 estimate, and revenu ...