Motorola Solutions Announces its Q2 2024 Financial Results
Motorola Solutions announced its Q2 2024 financial results “Our second quarter was excellent, with strong growth in all three technologies and record Q2 sales and operating earnings,” said Greg Brown, chairman and CEO, Motorola Solutions. “Our strong ending backlog and business momentum entering the second half of the year position us well for continued growth. As a result, we’re again raising our full-year revenue and earnings expectations.”
• Sales of $2.6 billion, up 9% versus a year ago
• Products and Systems Integration sales up 15%
• Software and Services sales flat
• Operating cash flow of $180 million, up $87 million versus a year ago
• Subsequent to quarter end, invested $223 million for acquisitions in Video and Command Center
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