Motorola Solutions Inc.
Motorola Solutions Reports Strong Q1 2024 Financial Results and Raises Full-Year Outlook
Summary
Motorola Solutions, Inc. reported its first-quarter 2024 financial results on May 2, 2024. The company posted sales of $2.4 billion, up 10% from the year-ago quarter, with GAAP earnings per share of ($0.23), inclusive of a ($3.42) loss due to settlement accounting for the Silver Lake convertible debt. Non-GAAP EPS was $2.81, up 27% versus a year ago. The company raised its full-year revenue and earnings outlook following strong Q1 results. Additionally, financial statements and exhibits were furnished with the filing.
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Exhibits (1)
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About Motorola Solutions Inc.
Motorola Solutions Inc. is a leading provider of communication technology solutions and services. The company primarily focuses on integrating mission-critical communication infrastructure, devices, software, and services. It serves a range of industries including public safety, government agencies, and enterprises, ensuring that seamless connectivity and reliable communication are maintained. Motorola Solutions' notable offerings include two-way radios, public safety systems, algorithm-driven software, and services like command center applications for dispatch and centralized operations. Known for its robust and secure communication networks, Motorola Solutions plays a vital role in enhancing operational efficiency, situational awareness, and response times in critical situations. Founded in 1928 and headquartered in Chicago, Illinois, the company continues to be at the forefront of innovation in communication technologies, adapting to the evolving needs of digital transformation and connectivity worldwide.
Official SEC Documents
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