Motorola Solutio Stock Price, News & Analysis

Motorola Solutions released a U.K. Retail Worker Safety Report based on a YouGov survey of over 1,000 retail workers, highlighting significant safety concerns ahead of the holiday season. The survey reveals that 56% of workers witnessed petty theft, 31% encountered organized crime rings, and 50% experienced hostile customer interactions in the past year.

Four in ten workers express concern for their personal safety during the festive shopping season, with almost half feeling less safe during evening shifts. The report emphasizes the role of technology in enhancing safety, with 28% of workers favoring panic buttons, while 70% believe body cameras effectively de-escalate dangerous situations.

Motorola Solutions' 2024 U.S. Retail Worker Safety Report reveals significant safety concerns among retail workers ahead of the holiday season. 57% of retail workers feel unsafe, with many experiencing increased crime rates including petty theft (66%), grab and runs (48%), and hostile customer interactions (46%). Over 65% expect holiday understaffing, affecting safety perceptions. Emergency calls to stores have increased, with 20% reporting weekly calls to first responders. Workers identified access control systems (35%), license plate readers (32%), and panic buttons (32%) as potential safety measures, though few stores currently have these technologies implemented.

Motorola Solutions (MSI) announced a 7-year contract worth £29.5 million with the Scottish Fire and Rescue Service (SFRS) to implement a cloud-hosted Control Room Solution across Scotland's operational control centers. The technology will enhance SFRS's operational capabilities, improve country-wide collaboration, and accelerate emergency response times. The system will be deployed across all three operation centers in Edinburgh, Dundee, and Johnstone, which coordinate responses for 356 fire stations. The contract includes an option for a 3-year extension.

Motorola Solutions (MSI) reported strong Q3 2024 results with sales reaching $2.8 billion, up 9% year-over-year. The company achieved record Q3 revenue, earnings, and cash flow. Products and Systems Integration sales increased 11%, while Software and Services sales grew 7%. GAAP EPS rose 22% to $3.29, and Non-GAAP EPS increased 17% to $3.74. Operating cash flow improved to $759 million. Following these results, Motorola Solutions raised its full-year 2024 guidance, now expecting revenue growth of 8.25% and Non-GAAP EPS between $13.63 and $13.68 per share.

Motorola Solutions (NYSE: MSI) has acquired 3tc Software, a UK-based provider of control room software solutions for Fire and Rescue Services and Police. 3tc's computer-aided dispatch (CAD) software enhances 999 call-taker efficiency by displaying real-time caller location and nearest emergency responder data on a single screen. The acquisition expands Motorola's Command Center portfolio, particularly in UK Fire and Rescue Services. The two companies have collaborated for over five years serving UK emergency services. Financial terms were not disclosed.

Motorola Solutions (NYSE: MSI) has acquired 3tc Software, a UK-based provider of control room software solutions for Fire and Rescue Services and Police. 3tc's computer-aided dispatch (CAD) software enhances 999 call-taker efficiency by gathering and displaying real-time caller location and nearest emergency responder data on a single screen. The companies have collaborated for over five years serving UK emergency services. The acquisition expands Motorola's Command Center portfolio, particularly in Fire and Rescue Services. Financial terms were not disclosed.

Motorola Solutions (NYSE: MSI) has announced it will release its third-quarter 2024 earnings results after market close on Thursday, November 7. The company will follow the release with a quarterly conference call featuring financial analysts at 4 p.m. Central (5 p.m. Eastern) on the same day. Investors can access the live webcast of the conference call through the company's investor relations website.

Motorola Solutions (NYSE: MSI) is enhancing law enforcement response by integrating 9-1-1 intelligence into real-time crime centers (RTCCs). This technology pushes real-time 9-1-1 call data, including transcripts, translations, AI-generated summaries, and community-shared media, directly to RTCCs. The Glendale Police Department in Arizona has successfully used this system to expedite response times and improve decision-making.

The technology, CommandCentral Aware, unifies various data feeds and uses AI to verify incident information. It provides RTCC staff with a comprehensive view of 9-1-1 call details, resource locations, and footage from multiple camera sources. Glendale PD is also exploring regionalizing its RTCC to enhance cross-jurisdictional crime intelligence sharing.

Motorola Solutions will showcase this technology at the International Association of Chiefs of Police (IACP) Conference in Boston, October 19-22, where attendees can experience a simulated RTCC environment.

First H.E.L.P., a nonprofit focused on destigmatizing mental health issues for first responders, has unveiled the Heroes Memorial Park Monument in Rockwall, Texas. This 10-foot-tall monument is the first in the U.S. to honor first responders and military veterans lost to suicide. The unveiling ceremony on September 21 featured the reading of 252 names, emphasizing the importance of addressing mental health challenges in these professions.

The Motorola Solutions Foundation has been a partner since 2019, donating over $700K to support First H.E.L.P.'s work in connecting first responders with mental health resources. The Foundation also contributed a grant for the memorial unveiling ceremony, which was attended by more than 400 first responders, military members, and their families. The monument is expected to be fully completed in about two years, serving as a tribute and refuge for the Rockwall community and beyond.