Motorola Solutions (MSI) Tops Q2 EPS by 18c, Offers Guidance

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Go back to Motorola Solutions (MSI) Tops Q2 EPS by 18c, Offers Guidance

Motorola Solutions Reports Second-Quarter 2020 Financial Results

August 6, 2020 4:10 PM EDT

Revenue of $1.6 billion, down 13% versus a year ago Software and Services segment grew 5% and expanded operating margins by 260 bps GAAP earnings per share (EPS) of $0.78 Non-GAAP EPS* of $1.39 Generated $209 million of operating cash flow and $155 million of free cash flow Subsequent to quarter end, acquired Pelco Inc., a global provider of video security solutions for $110 million

CHICAGO--(BUSINESS WIRE)-- Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the second quarter of 2020.... More