Motorola Solutio Stock Price, News & Analysis

Motorola Solutions reported Q3 2022 earnings with sales of $2.4 billion, a 13% increase year-over-year. Products and Systems Integration sales rose 15%, while Software and Services grew 8%. GAAP EPS was $1.63, down 7%, impacted by a $147 million asset impairment. However, non-GAAP EPS reached $3.00, up 28%. Operating cash flow was $388 million, and backlog increased 19% to a record $13.5 billion. The company raised its full-year revenue growth outlook to 9.25%-9.5% and non-GAAP EPS guidance to $10.17-$10.22.

Motorola Solutions (NYSE: MSI) has acquired Futurecom Systems Group, a provider of radio coverage extension solutions for public safety agencies based in Ontario, Canada. This acquisition aims to enhance communication for over 800 agencies dependent on Futurecom's products. The collaboration, spanning over 30 years, focuses on delivering vital RF repeaters and extenders, ensuring reliable radio connectivity for first responders, even in remote areas. Terms of the transaction remain undisclosed, but the strategic importance is underscored by the integration of Futurecom's solutions into Motorola's offerings.

Motorola Solutions (NYSE: MSI) will release its third-quarter 2022 earnings results after market close on Nov. 3. A conference call for financial analysts is scheduled for 4 p.m. Central (5 p.m. Eastern) on the same day, which will also be webcasted live. Investors can access a replay of the call afterward at www.motorolasolutions.com/investors. Motorola Solutions is a leader in public safety and enterprise security communication solutions.

Motorola Solutions (NYSE: MSI) has introduced groundbreaking public safety technologies, featuring the first-ever public safety application for Apple CarPlay. This innovation aims to enhance emergency response by providing instant access to critical information directly from officers' vehicles. The solution enables seamless integration with existing police systems, improving real-time decision-making capabilities. Additionally, Motorola's CommandCentral Aware platform now supports new streaming video sources from drones and robots, ensuring comprehensive situational awareness for responders.

Motorola Solutions (NYSE: MSI) has unveiled new innovations within its integrated video security and access control portfolio, showcased at GSX 2022 from September 12-14 in Atlanta. The new technologies aim to enhance safety and security by improving incident detection and analysis. Notably, the Ava Flex camera and Ava Aware cloud system offer AI-driven analytics, proactive alerts, and night vision capabilities. Senior Vice President John Kedzierski emphasized the company's commitment to developing solutions that help organizations optimize their security operations.

Motorola Solutions (NYSE:MSI) announced that Jason Winkler, CFO, will participate in the Citi 2022 Global Technology Conference on Thursday, September 8, 2022, at 9:45 a.m. EDT. A live audio webcast and replay will be available on the company's Investor Relations website. Motorola Solutions is a leader in public safety and enterprise security, offering integrated technology solutions in communications, video security, and command center software to enhance safety and productivity.

Motorola Solutions, Inc. (NYSE: MSI) announced a quarterly dividend of 79 cents per share, payable on Oct. 14, 2022, to shareholders of record by Sept. 15, 2022. This dividend reflects the company's commitment to returning value to its shareholders in the public safety and enterprise security sector. Motorola continues to lead in solutions for communications and video security, aiming to enhance community safety and operational productivity.

The Romanian National Administration of Penitentiaries has contracted Motorola Solutions (NYSE: MSI) to deploy 2100 VB400 body-worn cameras across all prisons in Romania. This initiative aims to enhance safety and security by deterring confrontations and gathering evidence during incidents. The cameras feature high-resolution video, a lightweight design, and automatic footage upload to the VideoManager evidence management solution. This deployment follows similar projects in Europe, indicating increasing demand for video security technology in public safety.

Motorola Solutions (NYSE:MSI) has received a five-year contract extension worth AUD 60 million (USD 41.9 million) from NSW Telco Authority to enhance the Public Safety Network in New South Wales. This upgrade will improve voice and data communications for over 50 public safety agencies and 50,000 radio users, crucial during emergencies. The project includes cybersecurity services and software enhancements, ensuring reliable technology amid disasters. Motorola’s services are pivotal for emergency responses in the region.