Motorola Solutions (MSI) Tops Q1 EPS by 9c, Offers Q2 and FY Guidance
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Motorola Solutions Reports First-Quarter 2022 Financial Results
May 12, 2022 4:10 PM EDTCompany achieves record Q1 orders, sales, and ending backlog
Sales of $1.9 billion, up 7% versus a year ago Products and Systems Integration sales up 9% Software and Services sales up 4% GAAP earnings per share (EPS) of $1.54 Non-GAAP EPS* of $1.70 Record Q1 ending backlog of $13.4 billion, up 19% versus a year ago Repurchased $493 million of shares Closed the acquisitions of Ava Security, a global provider of cloud-native video security and analytics, and TETRA Ireland, the country's National Digital Radio Service... More