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Sep 26, 2020
Motorola Q3 2020 Earnings Report
Reported a decrease in revenue but growth in software and services segment.
Key Takeaways
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.
Revenue was $1.9 billion, down 6% year-over-year.
Software and Services segment grew 9% with expanded operating margins.
GAAP earnings per share (EPS) was $1.18.
Generated $343 million of free cash flow.
Revenue by Segment
Forward Guidance
Motorola Solutions expects a revenue decline of (6%) to (5.5%) for the fourth quarter of 2020 compared to the fourth quarter of 2019. The company expects non-GAAP earnings per share in the range of $2.71 to $2.76.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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