Motorola Solutions, Inc. New - MSI STOCK NEWS

Motorola Solutions, Inc. (NYSE: MSI) has declared a quarterly dividend of 79 cents per share, payable on April 14, 2022. Shareholders of record by March 15, 2022 will be eligible for this dividend. This decision reflects the company's commitment to returning value to its shareholders while maintaining strong financial health.

Motorola Solutions reported record full-year sales of $8.2 billion, up 10% year-over-year, with Q4 sales of $2.3 billion, a 2% increase. Earnings per share for the full year reached $7.17 (GAAP) and $9.15 (Non-GAAP), reflecting a 32% and 19% rise, respectively. The company reported a record backlog of $13.6 billion, driven by strong demand in both Software and Services and Products and Systems Integration segments. Operating cash flow reached $1.8 billion. For 2022, revenue growth is projected at 7% with non-GAAP EPS guidance of $9.80 to $9.95.

The Motorola Solutions Foundation, the philanthropic arm of Motorola Solutions (NYSE: MSI), has announced contributions exceeding $12 million to over 1,000 charities globally in 2021. Key highlights include $9.6 million awarded in strategic grants for first responders and STEM education, with a notable 85% increase in mental health funding. The Foundation also allocated $400,000 for disaster relief efforts and saw a 60% rise in employee volunteerism.

Motorola Solutions (NYSE: MSI) has launched the MOTOTRBO R7, an advanced digital two-way radio designed for optimal performance in noisy and harsh environments. Key features include enhanced audio quality, industrial-grade noise cancellation, and a rugged design. The device operates on the DMR standard and allows over-the-air programming via WiFi, with a battery life of up to 28 hours. The MOTOTRBO R7 integrates seamlessly with various sensors and security systems to enhance operational efficiency and safety.

Motorola Solutions (NYSE: MSI) will release its fourth-quarter and full-year 2021 earnings results after market close on February 9. A conference call for financial analysts is scheduled for 4 p.m. Central (5 p.m. Eastern) on the same day, which will be webcast live. The company, a leader in public safety and enterprise security, provides solutions in radio communications, video security, and command center software, aiming to enhance community safety and business security. More details available at motorolasolutions.com/investors.

Motorola Solutions (NYSE: MSI) has appointed Dr. Ayanna Howard to its board of directors effective February 15, 2022. Dr. Howard's expertise in robotics and artificial intelligence enhances the company's focus on human-centered design and responsible AI use. This addition expands the board to eight members. CEO Greg Brown highlighted her innovation and ethical design contributions as vital for advancing technologies that enhance safety and security globally. Dr. Howard is the dean at Ohio State University and founder of Zyrobotics.

Motorola Solutions (NYSE: MSI) has launched the Curve, a Wi-Fi enhanced business radio designed for retail, hospitality, and restaurant operations. This device supports voice commands and integrates with Indyme Solutions for customer engagement and loss prevention. The collaboration aims to improve retail operations, allowing associates to receive alerts for curbside pickups and enhancing service through integrated tech. Product demonstrations are scheduled at the National Retail Federation trade show from January 16-18 in New York.

Motorola Solutions has secured a $29M contract extension from the U.S. Department of Defense for the maintenance of the U.S. Navy's land mobile radio system. This contract represents the third year of a multi-year agreement critical for Navy operations globally, ensuring reliable communications for coordination and safety. The services provided include hardware and software maintenance, technology upgrades, and asset management. The ongoing collaboration underscores Motorola's commitment to enhancing public safety through its integrated technology solutions.

Motorola Solutions has acquired 911 Datamaster, Inc., a provider of Next Generation 9-1-1 (NG9-1-1) data solutions. This acquisition aims to enhance Motorola's command center software by improving emergency call routing accuracy, crucial given the estimated 240 million annual 9-1-1 calls in the U.S., primarily from wireless devices. The integration of 911 Datamaster's technology supports the transition to NG9-1-1 systems, reinforcing Motorola’s leadership in public safety technologies.