Motorola Solutions, Inc. New - MSI STOCK NEWS

Motorola Solutions, Inc. (NYSE: MSI) reported Q4 2020 earnings with $2.3 billion in revenue, a 4% decline year-over-year, and $555 million in GAAP operating earnings. EPS rose 71% to $2.37, while full-year revenue decreased 6% to $7.4 billion. The Software and Services segment grew 8%, offsetting a 10% decline in Products and Systems Integration. Despite lower overall sales, the company had a record backlog of $11.4 billion and expects 7.25%-8% revenue growth in 2021.

The Motorola Solutions Foundation announced over $12 million in grants to charitable organizations in 2020. This included $8 million for first responders' programs and technology/engineering education, along with $2 million for COVID-19 relief. The Foundation prioritizes support for people of color, with 82% of funding in education directed to them. Furthermore, Motorola's employees contributed nearly $135,000 through volunteer grants and $1 million in matching gifts, reflecting a strong commitment to community support during challenging times.

Motorola Solutions (NYSE: MSI) has launched the MOTOTRBO Ion smart radio, designed to enhance collaboration and productivity within businesses. This next-generation device integrates voice, broadband data, and multimedia capabilities, supporting industries such as manufacturing and logistics. Key features include a 13-megapixel camera, high-resolution touchscreen, and robust voice communication, ideal for challenging environments. The device operates on various networks, offering cloud-based programming and real-time monitoring, making it a versatile tool for mobile workers.

Motorola Solutions (NYSE: MSI) will release its fourth-quarter and full-year 2020 earnings results after the market closes on February 4. A conference call for financial analysts is scheduled for 4 p.m. Central (5 p.m. Eastern) the same day, where management will discuss the results. The call will be streamed live on their investor website. Motorola Solutions is a leader in mission-critical communications and analytics, aimed at enhancing public safety and security.

Motorola Solutions (NYSE:MSI) is collaborating with Peel Regional Police to implement advanced software and video solutions aimed at enhancing public safety for approximately 1.4 million residents in Brampton, Mississauga, and Pearson International Airport. The new CommandCentral software will streamline data access and improve response times. Key features include Vesta Next Generation 9-1-1 and PremierOne CAD for emergency communications and Avigilon cameras for video analytics. This partnership aims to modernize policing and bolster community safety, reflecting Peel Regional Police's commitment to innovation.

Xcel Energy has announced plans to implement a 900 MHz private wireless broadband network using Anterix's spectrum, intended to enhance response times for electric outages and support smart meters. The network, deployed by Motorola Solutions, will be operational at two sites in Minneapolis and aims to bolster grid security and communication. This initiative follows recent FCC actions allowing infrastructure providers to establish private networks, ultimately benefiting customers through improved service and advanced technology integration.

Motorola Solutions (NYSE: MSI) has announced an expansion of its cybersecurity services to enhance protections for public safety and enterprise operations. Amid rising cyber threats, the company is introducing new offerings aligned with the NIST cybersecurity framework, including managed security services, advisory services, system recovery services, and cybersecurity training. The move aims to bridge the cybersecurity talent gap, especially as cybercrime costs the global economy an estimated $6 trillion. Recent acquisitions of Delta Risk and Lunarline complement these efforts.

Motorola Solutions (NYSE: MSI) has partnered with Telstra to establish a state-wide mission critical communications network for Tasmania's emergency responders. The contract entails designing, building, and maintaining the Tasmanian Government Radio Network (TasGRN), enhancing digital communication and radio coverage for public safety. This innovative network will feature broadband push-to-talk services and integration with existing communication systems. Construction is scheduled over three years, with services extending for 12 years, transforming how government agencies communicate effectively during emergencies.