Motorola Solutions delivered a solid Q4 2024, with revenue rising 6% YoY to $3.01 billion. Growth was driven by strong demand in North America and a significant 11% increase in Software & Services. Operating margin improved, and the company ended the quarter with a record $14.7 billion backlog, positioning it for continued growth in 2025.
Motorola Solutions reported a strong third quarter with sales of $2.8 billion, up 9% year-over-year. GAAP EPS increased by 22% to $3.29, and non-GAAP EPS rose by 17% to $3.74. The company has raised its full-year revenue and earnings outlook.
Motorola Solutions reported an excellent second quarter with strong growth in all three technologies, achieving record Q2 sales of $2.6 billion, up 9% year-over-year, and GAAP earnings per share of $2.60, up 21% year-over-year. The company raised its full-year revenue and earnings expectations due to strong business momentum.
Motorola Solutions reported a strong first quarter with a 10% increase in sales to $2.4 billion, driven by growth in both Products and Systems Integration and Software and Services segments. The company raised its full-year revenue and earnings outlook following these results.
Motorola Solutions reported a strong Q4 2023 with sales of $2.8 billion, up 5% from the prior year, and GAAP EPS of $3.47, up 1%. The company achieved record sales, earnings, and operating cash flow for the full year.
Motorola Solutions reported an 8% increase in sales, reaching $2.6 billion, driven by growth in both Software and Services (up 12%) and Products and Systems Integration (up 5%). GAAP EPS increased by 66% to $2.70, while non-GAAP EPS rose by 6% to $3.19. The company's operating cash flow increased to $714 million, and it achieved a record Q3 ending backlog of $14.3 billion.
Motorola Solutions reported a strong Q2 2023 with sales of $2.4 billion, up 12% year-over-year, and a record Q2 ending backlog of $14.3 billion, up 6% year-over-year. GAAP EPS was $2.15, up 62% year-over-year, and non-GAAP EPS was $2.65, up 28% year-over-year. The company raised its full-year revenue and earnings outlook.
Motorola Solutions reported an exceptional first quarter with double-digit revenue growth across both segments and all three technologies. Record first-quarter sales, orders, and ending backlog have led to an increased revenue and earnings guidance for the full year.
Motorola Solutions reported a strong Q4 2022, with sales up 17% to $2.7 billion and EPS up 49% to $3.43. The company achieved record sales, operating earnings, earnings per share, and cash flow. The company also ended the year with a record backlog of $14.3 billion, up $788 million from the prior year.
Motorola Solutions reported Q3 2022 financial results with sales of $2.4 billion, up 13% versus a year ago. GAAP EPS was $1.63, down 7% from a year ago, while non-GAAP EPS was $3.00, up 28% versus a year ago. The company raised its full-year revenue and earnings outlook.
Motorola Solutions reported exceptional Q2 2022 results, with record second-quarter revenue of $2.1 billion, up 9% year-over-year. The company raised its full-year revenue and earnings outlook due to strong operational execution and a record Q2 ending backlog of $13.4 billion, up 19% year-over-year.
Motorola Solutions reported a strong start to the year with record first-quarter orders, sales, and ending backlog. Sales reached $1.9 billion, a 7% increase year-over-year, driven by growth in both Products and Systems Integration and Software and Services segments. The company closed acquisitions of Ava Security and TETRA Ireland.
Motorola Solutions reported a 2% increase in sales for Q4 2021, reaching $2.3 billion. The Software and Services segment saw an 8% growth. The company's GAAP EPS was $2.30, and non-GAAP EPS was $2.85. They achieved a record full-year operating cash flow of $1.8 billion and a record backlog of $13.6 billion.
Motorola Solutions reported an excellent Q3, marked by double-digit revenue growth and strong operating margin expansion in both segments. The company's record Q3 ending backlog and continued business momentum position it well to finish the year with record sales, earnings, and cash flow.
Motorola Solutions reported strong Q2 2021 results with sales of $2.0 billion, up 22% year-over-year. GAAP EPS was $1.69 and non-GAAP EPS was $2.07, a 49% increase year-over-year. The company raised its full-year revenue and EPS guidance following the strong quarter.
Motorola Solutions reported an outstanding first quarter with record revenue, operating earnings, cash flow, and backlog. Sales were up 7% year-over-year, driven by growth in both North America and International markets. The company also raised its full-year revenue and EPS guidance.
Motorola Solutions reported Q4 2020 earnings with a revenue of $2.3 billion, a 4% decrease compared to the prior year. However, the Software and Services segment experienced 8% growth. The company ended the year with a record backlog of $11.4 billion.
Motorola Solutions reported Q3 2020 financial results with a revenue of $1.9 billion, a 6% decrease compared to the previous year. The Software and Services segment grew by 9%, and the company was awarded a $120M+ next-generation 911 multi-year contract.
Motorola Solutions reported Q2 2020 financial results with a revenue of $1.6 billion, a 13% decrease compared to the previous year. The Software and Services segment grew by 5%, and GAAP earnings per share (EPS) were $0.78. The company generated $209 million in operating cash flow and $155 million in free cash flow.
Motorola Solutions reported flat revenue year-over-year but increased GAAP EPS by 30% and non-GAAP EPS by 16%. Growth in the Software and Services segment offset a decline in Products and Systems Integration. The company generated strong operating cash flow and free cash flow.
Motorola Solutions reported a 5% increase in revenue to $2.4 billion, driven by strength in the Americas. GAAP EPS was $1.39, including a $1.53 non-cash charge. Non-GAAP EPS was $2.94, up 12%. The company generated $795 million in operating cash flow and ended the quarter with a record backlog of $11.3 billion.