Motorola Solutions (MSI) Tops Q2 EPS by 14c

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Motorola Solutions Announces Strategic Partnership and $1 Billion Investment by Silver Lake

August 5, 2015 7:01 AM EDT

Partnership Expected to Drive Growth of Global Market Leader in Public Safety Communications Technology

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Motorola Solutions (NYSE: MSI), the leading global provider of innovative mission-critical communications solutions for public safety and commercial customers, today announced that Silver Lake, the global leader in technology investing, will make a $1 billion investment in Motorola Solutions. The company expects to use the Silver Lake investment to accelerate growth in its smart public safety solutions and services businesses through new partnerships, investments and acquisitions.

Silver Lake has a proven... More

Motorola Solutions Reports Second-Quarter 2015 Financial Results

August 5, 2015 7:01 AM EDT

Sales of $1.4 billion, down 2 percent, including $53 million of unfavorable foreign currency impact North America sales grew 5 percent, driven primarily by Product segment sales GAAP earnings per share (EPS) from continuing operations1 of $0.72 Non-GAAP* EPS from continuing operations of $0.68 driven by lower overall operating expenses Generated $140 million in operating cash flow and $92 million in free cash flow2 Silver Lake to invest $1 billion in company to further accelerate growth of smart public safety solutions and services businesses... More