Motorola Solutions Reports Q4 Revenue Growth, Exceeds Earnings Estimates

Motorola Solutions reported strong fourth-quarter earnings for 2024, surpassing expectations with a Non-GAAP EPS of $4.04 and revenues of $3.01 billion. The company attributed this performance to significant growth in its Software and Services segment, which saw an 11% increase, and a 3% rise in its Products and Systems Integration segment. Motorola's CEO emphasized strong demand for safety and security services, driven by government and business investments in communication infrastructure. Looking ahead, Motorola forecasted first-quarter adjusted profits above Wall Street estimates, with anticipated profits between $2.98 and $3.03 per share. Analysts point to a record backlog and ongoing upgrades in land mobile radio systems as key factors for continued growth. Overall, the company's strategic focus on security technology positions it well for future opportunities in the market.