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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 (MSI) showcases its commitment to diversity, equity, and inclusion (DEI) through community engagement initiatives led by its business councils. The People with Disabilities + Allies council partners with Little City Foundation, supporting individuals with intellectual and developmental disabilities. The Pride Business Council collaborates with Out on Patrol to discuss representation in law enforcement. The Asian and Pacific Islander council organizes volunteering events with Feed My Starving Children. These efforts reflect MSI's dedication to creating an inclusive workplace and driving positive social impact in local communities. For more details on MSI's DEI initiatives, refer to their 2023 DEI Annual Report.
Motorola Solutions (MSI) highlights its diversity, equity & inclusion (DEI) initiatives in a four-part series, focusing on their impact on company culture, career development, business strategy, and community engagement. The company's business councils, including the LatinX Business Council and Young Professionals Group (YPG), have organized sessions on Artificial Intelligence (AI) and its applications in Motorola's business. These initiatives aim to enhance employee knowledge about the company's products and brand narrative, "Solving for safer."
The DEI efforts are aligned with Motorola Solutions' business objectives, improving customer service while developing employees' business and cultural acumen. The company emphasizes the importance of creating an inclusive workplace where every employee feels valued and empowered. Motorola Solutions' 2023 DEI Annual Report provides more details on their impact and initiatives.
Motorola Solutions (NYSE: MSI) has appointed Elizabeth Mann to its board of directors, effective Aug. 26, 2024. Mann brings nearly 20 years of leadership experience in finance, strategy, data analytics, and technology. She is currently the EVP and CFO of Verisk Analytics, Inc. (NASDAQ: VRSK), a leading global data analytics and technology provider. Previously, Mann held key positions at S&P Global and Goldman Sachs.
Greg Brown, chairman and CEO of Motorola Solutions, praised Mann's proven leadership in finance, risk management, technology, and analytics. Mann expressed her enthusiasm for joining the board during a period of growth and momentum, aiming to support value creation through innovation. Her extensive global experience and capital management expertise are expected to be valuable additions to the board.
Motorola Solutions (NYSE: MSI) has announced a quarterly dividend of $0.98 per share. The dividend will be paid on October 15, 2024, to shareholders of record as of the close of business on September 13, 2024. This regular quarterly dividend demonstrates Motorola Solutions' commitment to returning value to its shareholders and reflects the company's financial stability. The announcement provides important information for current and potential investors, helping them make informed decisions about their investment in MSI stock.
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.
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