earnings
confidence high
sentiment positive
materiality 0.80
Motorola Solutions Q3 sales $2.1B (+13%), Non-GAAP EPS $2.35 (+21%); raises FY guidance
Motorola Solutions, Inc.
2021-Q3 EPS reported
$4.87
revenue$5,851,000,000
- Total sales of $2.1B, up 13% YoY; Products & Systems Integration +14%, Software & Services +11%.
- GAAP EPS $1.76; Non-GAAP EPS $2.35, up 21% YoY; record Q3 ending backlog $11.4B (+7%).
- Company raised full-year revenue and EPS guidance for the third time this year.
- Acquired Envysion, a video security analytics provider, for $124M after quarter end.
- Operating cash flow $376M in Q3.