Motorola Solutions Q2 sales $2.4B (+12%), EPS beat; raises full-year guidance on record orders

Motorola Solutions, Inc.

2023-Q2 EPS reported $3.76 revenue$4,574,000,000

Sales $2.4B up 12% YoY; GAAP EPS $2.15 up 62%, Non-GAAP EPS $2.65 up 28%.
Products & Systems Integration sales $1.44B (+12%); Software & Services $966M (+13%).
Record Q2 ending backlog $14.3B (+6% YoY) driven by record Q2 orders in both segments.
GAAP operating margin 21.6% (+490 bps); Non-GAAP operating margin 26.7% (+350 bps).
Company raised full-year revenue and earnings guidance for second time this year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Motorola Solutions, Inc. reported the quarter ended July 1, 2023 results: revenue $2.4 billion, EPS $2.15. Guidance raised.

Period: the quarter ended July 1, 2023
Revenue: $2.4 billion
EPS: $2.15
Guidance: raised
Result: reported results

Exact text from the filing

Motorola Solutions Reports Second Quarter 2023 Financial Results Company raises full-year revenue and earnings outlook again driven by record Q2 orders and backlog • Sales of $2.4 billion, up 12% versus a year ago

View on SEC.gov

Browse all earnings releases →

Motorola Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0000068505-23-000035

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.