Motorola Solutions Inc
MSI
ISIN US6200763075 / Valor 12117355
Motorola Solutions Inc
UMushroom community rating:
About company
Motorola Solutions Inc is a global provider of communication and technology solutions for public safety and commercial customers. They offer a range of products and services including two-way radios, body-worn cameras, software applications, and managed services to help organizations improve safety and efficiency.
Summarized from source with an LLMView SourceSector: TelecommunicationsLatest Results (17.12.2024):
Revenue Growth
In the third quarter of 2024, Motorola Solutions Inc. reported sales of $2.8 billion, marking a 9% increase compared to the same period last year. This growth was primarily driven by strong performance in North America and international markets, with notable contributions from acquisitions and despite some currency headwinds.
Earnings Per Share
Motorola Solutions Inc. achieved a GAAP earnings per share (EPS) of $3.29 in Q3 2024, representing a 22% increase from the previous year. The non-GAAP EPS was $3.74, up 17% year-over-year, reflecting the company's robust financial performance during the quarter.
Operating Cash Flow
The company reported an operating cash flow of $759 million for the third quarter of 2024, which is an increase of $45 million compared to the same quarter last year. This improvement was largely attributed to higher earnings, net of non-cash charges.
Dividends and Share Repurchase
During Q3 2024, Motorola Solutions Inc. paid $164 million in cash dividends and repurchased $31 million worth of common stock. These actions are part of the company's ongoing capital allocation strategy to return value to shareholders.
Full-Year Outlook
Following the strong third-quarter results, Motorola Solutions Inc. raised its full-year 2024 revenue growth expectation to 8.25%, up from the previous guidance of approximately 8%. The company also increased its non-GAAP EPS guidance to a range of $13.63 to $13.68 per share, reflecting its confidence in continued business momentum.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
78766 M
Market cap (USD)
106,182
Daily traded volume (Shares)
472.45 / 468.68
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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P/E ratio
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EPS (USD)
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Ratings & reviews
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