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Dec 31, 2023
Motorola Q4 2023 Earnings Report
Motorola Solutions reported record Q4 and full-year sales and earnings per share.
Key Takeaways
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.
Sales of $2.8 billion, up 5% from Q4 in the prior year.
GAAP Q4 earnings per share (EPS) of $3.47, up 1%.
Non-GAAP Q4 EPS of $3.90, up 8% versus a year ago.
Ending backlog of $14.3 billion, inclusive of record Products and Systems Integration backlog.
Revenue by Segment
Forward Guidance
The company expects revenue growth of approximately 8% compared to the first quarter of 2023. The company expects non-GAAP earnings per share in the range of $2.50 to $2.55 per share for Q1 2024. For full year 2024, the company expects revenue growth of approximately 6% and non-GAAP earnings per share in the range of $12.62 to $12.72 per share.
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
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