Loading...
•
Jun 27, 2020
Motorola Q2 2020 Earnings Report
Reported a decrease in revenue but growth in the Software and Services segment.
Key Takeaways
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.
Revenue was $1.6 billion, down 13% year-over-year.
Software and Services segment grew 5% with operating margin expansion.
GAAP earnings per share (EPS) was $0.78.
Generated $155 million of free cash flow.
Revenue by Segment
Forward Guidance
Motorola Solutions expects a revenue decline of (9%) to (8%) in the third quarter of 2020 compared to the third quarter of 2019 and expects non-GAAP earnings per share in the range of $1.72 to $1.78. For the full-year 2020, the company expects a revenue decline of approximately (7%) and non-GAAP earnings per share in the range of $7.40 to $7.52.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...