earnings
confidence high
sentiment positive
materiality 0.85
Motorola Solutions Q2 revenue $3.1B (+13% YoY); acquires D-Fend for $1.5B
Motorola Solutions, Inc.
- GAAP EPS $3.33 (+10% YoY); Non-GAAP EPS $4.41 (+24% YoY).
- Products & Systems Integration sales up 15%; Software & Services up 10%.
- Record Q2 ending backlog of $15.6B, up 11% YoY.
- Operating cash flow $469M, up $197M YoY.
- Definitive agreement to acquire D-Fend Solutions for $1.5B; full-year revenue and EPS guidance raised.