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.
Greg Brown, Chairman and CEO of Motorola Solutions (NYSE:MSI), will participate in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference on May 20, 2024, at 9:20 a.m. EDT.
Motorola Solutions is a global leader in public safety and enterprise security. The event will feature a live webcast and replay of the fireside chat, accessible on Motorola Solutions' Investor Relations website. This participation underscores Motorola's ongoing engagement in the technology, media, and communications sectors.
Motorola Solutions reported strong financial results for Q1 2024, with sales of $2.4 billion, up 10% from the previous year. The company raised its full-year revenue and earnings outlook based on its performance. GAAP EPS was ($0.23), but non-GAAP EPS was $2.81, up 27% year-over-year. Operating cash flow reached $382 million, and the ending backlog was $14.4 billion. Credit ratings were upgraded to BBB by S&P and Fitch. The company acquired Silent Sentinel during the quarter.
Mahesh Saptharishi, executive vice president of Motorola Solutions, discussed how AI and human-centered technologies are simplifying emergency response at the Summit 2024 conference. The event highlighted how technology can enhance public safety, reduce complexity, and optimize performance for first responders. Key topics included utilizing AI for voice transcription, real-time analysis centers, staff retention issues, and leveraging technology to improve emergency response and operations.
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