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0.00141578887756258 -0.000764525993883901 0.00076452599388374 -0.00179805187450445 0.00111847321327438 0.00271831464492009 0.000792841771434966 -0.00215199909389509
Stock impact report

Motorola (MSI) Q1 Earnings Beat Estimates on Record Revenues [Yahoo! Finance]

Motorola Solutions, Inc. (MSI) 
Last motorola solutions, inc. earnings: 2/6 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.motorolasolutions.com
Company Research Source: Yahoo! Finance
MSI reported strong first-quarter results with record revenues and cash flow, driven by the diligent execution of operational plans and healthy growth dynamics backed by solid order trends. Both adjusted earnings and revenues surpassed the respective Zacks Consensus Estimate. In addition, Motorola ended the quarter with a record backlog, which further exemplified the strength of its portfolio. The company expects this growth momentum to continue in the near term on robust demand patterns and raised its earlier guidance for 2024. Net Earnings On a GAAP basis, Motorola reported a GAAP loss of $39 million or a loss of 23 cents per share against a net income of $278 million or $1.61 per share in the year-earlier quarter. The sharp year-over-year decline was primarily attributable to a $585 million non-operating loss due to the accounting treatment for the settlement of the Silver Lake convertible debt. Excluding non-recurring items, non-GAAP earnings in the quarter were $482 milli Show less Read more
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