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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 launched the new Avigilon physical security suite, enhancing enterprise security through advanced integration with Ava Security and Openpath technologies. This suite, comprising the cloud-native Avigilon Alta and the on-premise Avigilon Unity, is designed for scalability and flexibility, catering to organizations of all sizes. With a focus on real-time AI analytics, it aims to provide comprehensive security solutions amidst increasing global threats. The launch follows a period of significant growth, with the Video Security & Access Control division achieving over $1.5 billion in annual sales in 2022.
Motorola Solutions (NYSE: MSI) has announced that Jack Molloy, Executive Vice President and COO, will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023, at 9:50 a.m. PT. A live webcast of this event will be accessible on the company’s Investor Relations website.
Motorola Solutions is recognized for its leadership in public safety and enterprise security. They provide integrated technology ecosystems encompassing land mobile radio communications, video security, access control, and command center software. Their commitment aims to enhance safety and productivity in communities and businesses.
Motorola Solutions (NYSE: MSI) released its 2023 Healthcare Worker Safety Report, surveying 500 healthcare professionals from December 2022 to January 2023. The report highlights the ongoing mental health challenges and safety concerns faced by healthcare workers, including violent patients (72%), job burnout (61%), and active assailants (40%). Notably, 77% reported persistent impacts from COVID-19. The report reveals that 54% prioritize personal safety, with many advocating for enhanced safety measures like panic buttons (55%) and safety training (51%). These findings stress the importance of ensuring healthcare worker safety to maintain high-quality patient care.
Motorola Solutions (NYSE: MSI) has declared a quarterly dividend of
Motorola continues to innovate in land mobile radio communications and video security, positioning itself as a secure and productive choice for its clients.
The Motorola Solutions Foundation reported year-end results for 2022, surpassing $12 million in donations and generating over $2.3 million in volunteerism value. A total of $9.5 million was donated across nearly 200 grants to 23 countries, with half directed toward first responders. Notable contributions included $1.3 million for the families of fallen first responders. Employees volunteered over 75,000 hours, marking a 20% increase year-on-year, generating $2.25 million in value. The Foundation also supported disaster relief efforts with nearly $500,000 in donations.
Motorola Solutions (MSI) reported record sales and earnings for Q4 and the full year of 2022. Q4 sales reached $2.7 billion, up 17% year-over-year, with full-year sales at $9.1 billion, a 12% increase. Operating cash flow was a record $1.3 billion for Q4, and $1.8 billion for the full year. GAAP Q4 EPS was $3.43, a 49% increase compared to Q4 2021, with non-GAAP EPS at $3.60, up 26%. The backlog rose to a record $14.3 billion, up $788 million or 6% year-over-year. The company anticipates 12%-13% revenue growth in Q1 2023 and full-year revenue guidance of $9.65 billion to $9.7 billion.
Motorola Solutions (NYSE: MSI) will announce its Q4 and full-year 2023 earnings after market close on February 9, 2024. A conference call for analysts will follow at 4 p.m. Central (5 p.m. Eastern), which will be live-webcast and available for replay. This will be a significant update for stakeholders as the company continues to lead in public safety and enterprise security solutions. Investors and analysts are encouraged to tune in to gain insights into Motorola's financial performance and future guidance.
Motorola Solutions (NYSE: MSI) has announced that its Public Safety Threat Alliance (PSTA) has joined the Joint Cyber Defense Collaborative (JCDC), a vital cybersecurity partnership led by the Cybersecurity and Infrastructure Security Agency (CISA). The PSTA has grown to nearly 150 members since its inception, focusing on ransomware attacks and cyber threat information sharing. With a mission to enhance the resilience of public safety agencies globally, the collaboration seeks to better address the increasing complexities of cyber threats. Membership in the PSTA remains free for public sector organizations.
Motorola Solutions secured a significant judgment from the Federal Court of Australia, ruling in its favor against Hytera for copyright and patent infringement. The court identified Hytera's actions as flagrant, entitling Motorola to additional damages, the amount of which is yet to be determined. This judgment marks the third country where Hytera is held accountable, following rulings in the U.S. and Germany. The court's decision also includes injunctive relief against Hytera, preventing the distribution of infringing products in Australia.
Montgomery County, Texas has deployed the Rave Panic Button mobile application across approximately 130 K-12 schools, benefiting 124,000 students and staff. This initiative comes with support from $17 million in grants for purchasing safety technology, with an additional $400 million expected in 2023 for broader safety enhancements. The Rave Panic Button, used in 46 states, enables immediate communication with 9-1-1 and key staff during emergencies, ensuring rapid response. Educational leaders emphasize prioritizing safety in schools, paving the way for advanced emergency preparedness.
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