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Motorola Solutions, Inc. (NYSE: MSI) is a global leader in mission-critical communications and analytics, providing essential products and services to public safety and commercial customers worldwide. The company specializes in seamless communication networks, applications, and services that deliver real-time information and situational awareness to first responders and other critical service providers.
Motorola Solutions' core business revolves around the sale of land mobile radios, radio network infrastructure, surveillance equipment, and dispatch software. These products are indispensable for public safety agencies, schools, hospitals, and a variety of private enterprises. The company prides itself on innovations that help professionals, such as firefighters and police officers, perform their duties effectively in critical moments.
Recent achievements include the acquisition of Silent Sentinel, a UK-based provider of rugged, long-range thermal cameras. This acquisition enhances Motorola's video security portfolio, bolstering its capabilities in extreme environments often associated with military, aviation, maritime, and critical infrastructure.
Financially, Motorola Solutions remains robust, with a significant portion of its revenue generated from government agencies and the remainder from private businesses and educational institutions. The company has a diverse customer base in over 100 countries and operates across every state in the United States.
To learn more about Motorola Solutions and its commitment to safer communities, visit www.motorolasolutions.com.
Motorola Solutions (NYSE: MSI) has acquired Rave Mobile Safety, a leader in mass notification and incident management based in Framingham, Massachusetts. This acquisition aims to enhance Motorola's emergency communication capabilities, particularly for state and local governments, as well as educational institutions. Rave's cloud-native platform will integrate with Motorola's existing technologies, including critical communications, video security, and access control. The financial terms of the transaction were not disclosed.
Motorola Solutions (NYSE: MSI) announced that its APX NEXT XN P25 smart radio and XVN500 remote speaker microphone have received certification for NFPA 1802 compliance. This certification is crucial for ensuring durability and performance in extreme fireground conditions. The APX NEXT XN offers advanced features such as interactive maps, multimedia messaging, and automatic voice communication switching when out of radio coverage. The devices are designed to enhance firefighter safety during emergencies, addressing the increasing intensity of wildfires and structural challenges.
Motorola Solutions (NYSE: MSI) is set to enhance public safety in Lithuania by deploying over 2,500 VB400 body-worn cameras to the Lithuanian National Police and Border Guard Service. This initiative aims to improve transparency and accountability in policing and border protection. The cameras will integrate with VideoManager digital evidence management software for secure storage and organization of video footage. Motorola also supports Lithuania with a secure TETRA digital radio network and technical services ensuring seamless communication for emergency services.
Motorola Solutions (NYSE:MSI) announced that CEO Greg Brown will speak at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022, at 8:40 a.m. PST. A live audio webcast of this event will be available on Motorola Solutions’ Investor Relations website. The company is recognized as a leader in public safety and enterprise security, providing solutions in communications, video security, access control, and command center software, helping to enhance community safety and business productivity.
Motorola Solutions (NYSE:MSI) announced that CFO Jason Winkler will participate in the Credit Suisse 26th Annual Technology Conference on Wednesday, Nov. 30, 2022, at 9:35 a.m. MST. The event will feature a live audio webcast and replay available on Motorola Solutions’ Investor Relations website. As a leader in public safety and enterprise security, Motorola Solutions provides integrated technology solutions, enhancing safety and productivity. For more details, visit www.motorolasolutions.com/investors.
Motorola Solutions, Inc. (NYSE: MSI) has announced an 11% increase in its regular quarterly dividend, raising it to 88 cents per share. This dividend is set to be paid on January 13, 2023, for shareholders who are on record by December 15, 2022. This adjustment reflects the company's commitment to returning value to shareholders while demonstrating strong financial health.
Motorola Solutions reported Q3 2022 earnings with sales of $2.4 billion, a 13% increase year-over-year. Products and Systems Integration sales rose 15%, while Software and Services grew 8%. GAAP EPS was $1.63, down 7%, impacted by a $147 million asset impairment. However, non-GAAP EPS reached $3.00, up 28%. Operating cash flow was $388 million, and backlog increased 19% to a record $13.5 billion. The company raised its full-year revenue growth outlook to 9.25%-9.5% and non-GAAP EPS guidance to $10.17-$10.22.
Motorola Solutions (NYSE: MSI) has acquired Futurecom Systems Group, a provider of radio coverage extension solutions for public safety agencies based in Ontario, Canada. This acquisition aims to enhance communication for over 800 agencies dependent on Futurecom's products. The collaboration, spanning over 30 years, focuses on delivering vital RF repeaters and extenders, ensuring reliable radio connectivity for first responders, even in remote areas. Terms of the transaction remain undisclosed, but the strategic importance is underscored by the integration of Futurecom's solutions into Motorola's offerings.
Motorola Solutions (NYSE: MSI) will release its third-quarter 2022 earnings results after market close on Nov. 3. A conference call for financial analysts is scheduled for 4 p.m. Central (5 p.m. Eastern) on the same day, which will also be webcasted live. Investors can access a replay of the call afterward at www.motorolasolutions.com/investors. Motorola Solutions is a leader in public safety and enterprise security communication solutions.
Motorola Solutions (NYSE: MSI) has introduced groundbreaking public safety technologies, featuring the first-ever public safety application for Apple CarPlay. This innovation aims to enhance emergency response by providing instant access to critical information directly from officers' vehicles. The solution enables seamless integration with existing police systems, improving real-time decision-making capabilities. Additionally, Motorola's CommandCentral Aware platform now supports new streaming video sources from drones and robots, ensuring comprehensive situational awareness for responders.
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