Welcome to our dedicated page for Motorola Solutions New news (Ticker: $MSI), a resource for investors and traders seeking the latest updates and insights on Motorola Solutions New stock.
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Motorola Solutions reported strong financial results for Q1 2024, with sales of $2.4 billion, up 10% from the previous year. The company raised its full-year revenue and earnings outlook based on its performance. GAAP EPS was ($0.23), but non-GAAP EPS was $2.81, up 27% year-over-year. Operating cash flow reached $382 million, and the ending backlog was $14.4 billion. Credit ratings were upgraded to BBB by S&P and Fitch. The company acquired Silent Sentinel during the quarter.
Mahesh Saptharishi, executive vice president of Motorola Solutions, discussed how AI and human-centered technologies are simplifying emergency response at the Summit 2024 conference. The event highlighted how technology can enhance public safety, reduce complexity, and optimize performance for first responders. Key topics included utilizing AI for voice transcription, real-time analysis centers, staff retention issues, and leveraging technology to improve emergency response and operations.
