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Motorola
🇺🇸 NYSE:MSI
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•
Dec 31, 2020

Motorola Q4 2020 Earnings Report

Motorola's Q4 2020 earnings were reported, with revenue down 4% year-over-year but software and services segment growing 8%.

Key Takeaways

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.

Revenue was $2.3 billion, down 4% from Q4 in the prior year.

Software and Services segment grew 8% in Q4.

Record backlog of $11.4 billion, up 2% from a year ago.

GAAP earnings per share (EPS) of $2.37.

Total Revenue
$2.27B
Previous year: $2.38B
-4.4%
EPS
$2.86
Previous year: $2.94
-2.7%
Backlog
$11.4B
Previous year: $11.3B
+0.9%
Operating Margin
24.4%
Previous year: 24.8%
-1.6%
Effective Tax Rate
20.9%
Previous year: -26.4%
-179.2%
Gross Profit
$1.15B
Previous year: $1.22B
-6.1%
Cash and Equivalents
$1.25B
Previous year: $1B
+25.3%
Free Cash Flow
$637M
Previous year: $736M
-13.5%
Total Assets
$10.9B
Previous year: $10.6B
+2.2%

Motorola

Motorola

Motorola Revenue by Segment

Forward Guidance

The company expects revenue growth of 5.5% to 6% for the first quarter of 2021 and non-GAAP earnings per share in the range of $1.58 to $1.64 per share. For the full year 2021, the company expects revenue growth of 7.25% to 8% and non-GAAP earnings per share in the range of $8.50 to $8.62 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Motorola