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Sep 28, 2024
Motorola Q3 2024 Earnings Report
Motorola Solutions reported exceptional Q3 2024 results, with record revenue, earnings, and cash flow, leading to an increased full-year outlook.
Key Takeaways
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.
Sales increased by 9% to $2.8 billion compared to the previous year.
GAAP EPS increased by 22% to $3.29 year-over-year.
Non-GAAP EPS increased by 17% to $3.74 year-over-year.
Operating cash flow increased to $759 million, up from $714 million year-over-year.
Motorola
Motorola
Motorola Revenue by Segment
Revenue by Segment
Products & Integration Revenue
CapyFin.comSoftware & Services Revenue
CapyFin.com Forward Guidance
The company now expects full-year 2024 revenue growth of 8.25% and non-GAAP EPS of between $13.63 and $13.68 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income