Welcome to our dedicated page for Motorola Solutions New news (Ticker: MSI), a resource for investors and traders seeking the latest updates and insights on Motorola Solutions New stock.
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 (MSI) highlights its commitment to diversity, equity, and inclusion (DEI) in a recent press release. The company's DEI initiatives are driven by volunteer communities, including business councils, affinity groups, and regional councils. Key highlights include:
1. CEO Award for Inclusion recipients honored, with the Valuing Inclusive Perspectives (VIP) Program winning 'Program of the Year'.
2. Mental Health Month observed with a company-wide paid mental health day and various initiatives led by business councils.
3. Asian American and Pacific Islander Heritage Month celebrated, showcasing contributions from teams in Asia Pacific.
The company emphasizes its dedication to creating an inclusive workplace that fosters innovation and values diverse perspectives. Motorola Solutions aims to impact culture, career, company, and community through these initiatives, as detailed in their 2023 DEI Annual Report.
Motorola Solutions' North America internship program emphasizes hands-on experience and community engagement. This year, interns participated in various volunteer events sponsored by the Motorola Solutions Foundation, the company's philanthropic arm. These activities included:
- Chicago: Beautifying Jackson Park with the Chicago Parks Foundation
- Schaumburg: Packing over 300 snack packs for the Kenneth Young Center
- Ft. Lauderdale: Conducting a beach cleanup, collecting over 20 bags of debris
- Linthicum: Volunteering at Maryland Food Bank
Nearly 100 interns participated, connecting with their communities and learning about the Foundation's charitable initiatives. The program aims to foster professional growth, networking, and a culture of volunteerism among future employees.
K1 Investment Management has announced a strategic growth investment in Board Intelligence, a leading board management software platform. Board Intelligence, established in 2010, serves over 40,000 leaders across 3,000 organizations worldwide, including major corporations and public sector entities. The company's AI-powered platform, Lucia, assists management teams in preparing concise reports for boards.
This partnership aims to drive Board Intelligence's next growth phase, focusing on organic growth, product and geographic expansion, and strategic acquisitions. K1 will become the sole institutional shareholder, with founders Jennifer Sundberg and Pippa Begg retaining minority stakes. The investment reflects K1's confidence in Board Intelligence's category leadership and potential for global expansion.
Motorola Solutions (NYSE: MSI) has introduced SmartIncident, a new broadband-enabled application that allows dispatchers to send critical incident information directly to first responders' APX NEXT or APX N70 smart radios. This innovation aims to reduce traffic on radio voice channels and improve communication efficiency between dispatchers and first responders.
SmartIncident enables the sharing of messages, images, videos, and audio clips, providing responders with immediate access to vital information without needing to return to their vehicles or request repeated transmissions. The application also allows first responders to check incident assignments, update their status, and view dispatcher warnings directly on their radios.
This technology will be showcased at APCO 2024, alongside other Motorola Solutions technologies like VESTA NXT and the PremierOne CAD web client, demonstrating the company's commitment to enhancing emergency response capabilities.
Motorola Solutions (NYSE: MSI) reported strong Q2 2024 results, prompting an increase in full-year revenue and earnings outlook. Key highlights include:
- Sales of $2.6 billion, up 9% year-over-year
- Products and Systems Integration sales up 15%
- Software and Services sales flat; up 11% excluding U.K. Home Office sales
- GAAP EPS of $2.60, up 21%
- Non-GAAP EPS of $3.24, up 22%
- Operating cash flow of $180 million, up $87 million
The company raised its full-year 2024 guidance, now expecting revenue growth of approximately 8% and non-GAAP EPS between $13.22 and $13.30 per share.
Motorola Solutions (NYSE: MSI) has announced that it will release its second-quarter 2024 earnings results after the market closes on Thursday, August 1. Following the earnings release, the company will host a quarterly conference call with financial analysts at 4 p.m. Central (5 p.m. Eastern) on the same day. Investors and interested parties can access the live webcast of the conference call through the company's investor relations website at www.motorolasolutions.com/investors. This event provides an opportunity for stakeholders to gain insights into Motorola Solutions' financial performance and future outlook directly from company executives.
Motorola Solutions (NYSE: MSI) has announced the establishment of a new Research and Development Centre in Cork, Ireland, which is set to create 200 highly skilled jobs. This centre will focus on designing software for Motorola's land mobile radio (LMR) portfolio and other future technologies. This investment is part of over $12 billion spent on R&D and acquisitions in the past decade. The Cork centre will enhance the company's existing presence in Ireland, which supports the National Digital Radio Service. The investment is backed by the Irish Government through IDA Ireland. The new centre aims to bolster innovation in public safety communications and reflects Motorola Solutions' commitment to employing a diverse and skilled workforce.
Motorola Solutions (NYSE: MSI) has acquired Noggin, an Australian-based provider of critical event management (CEM) software. Noggin offers a cloud-based platform that enhances business continuity planning, operational resilience, and incident management with features like flexible workflows, built-in maps, and situational awareness dashboards. This acquisition aims to bolster Motorola Solutions' portfolio in emergency coordination and enterprise security, enabling better connectivity and collaboration for public safety agencies and enterprises. Financial details of the transaction were not disclosed.
Motorola Solutions (NYSE: MSI) has published its 2023 Corporate Responsibility Report, showcasing its dedication to environmental, social, and governance (ESG) initiatives. Key highlights include a $858 million investment in R&D, enhancing their portfolio of 6,560 patents with 775 pending. The company advanced AI technologies to improve emergency response and secured recognition from various esteemed organizations. Record employee volunteerism of nearly 100,000 hours and $10.3 million in grants were directed towards underserved communities. Motorola Solutions also launched the GO ALL Inclusive initiative and expanded its diverse supplier base by over 700, supporting 3,500 supplier jobs. The report emphasizes continual efforts to reduce greenhouse gas emissions and foster sustainability.
Motorola Solutions (NYSE: MSI) has launched VESTA NXT, a 9-1-1 software designed to enhance call handler efficiency and reduce information overload. The software integrates AI to handle non-emergency calls, potentially reducing the workload of call handlers by 20-35%. VESTA NXT consolidates data from various public safety systems onto one platform, providing important information like maps, floor plans, and caller details to call handlers and dispatchers. This technology aims to streamline the 9-1-1 call process, allowing faster and more accurate emergency responses. VESTA NXT is available both as a cloud-based and on-premises solution and offers a consistent user experience across multiple devices. It will be featured at the NENA Conference in Orlando, FL from June 28 to July 3.
FAQ
What is the current stock price of Motorola Solutions New (MSI)?
What is the market cap of Motorola Solutions New (MSI)?
What does Motorola Solutions, Inc. do?
Who are the main customers of Motorola Solutions?
What recent acquisition has Motorola Solutions made?
How does Motorola Solutions contribute to public safety?
Where is Motorola Solutions' customer base located?
What type of products does Motorola Solutions offer?
How significant are government contracts to Motorola Solutions?
What is the significance of Motorola Solutions’ acquisition of Silent Sentinel?
What is the primary source of revenue for Motorola Solutions?
How can I learn more about Motorola Solutions?
