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Company raises full-year revenue and EPS guidance again following record Q2 revenue and earnings
Sales of $2.0 billion, up 22% versus a year ago
Products and Systems Integration sales up 24%
Software and Services sales up 19%
GAAP earnings per share (EPS) of $1.69
Non-GAAP EPS* of $2.07, up 49% versus a year ago
Backlog of $11.2 billion, up 7% versus a year ago
Generated $388 million of operating cash flow, up 86% versus a year ago
Subsequent to quarter end, acquired Openpath, a leader in cloud-based access control solutions
for $297 million
CHICAGO – August 5, 2021 – #motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the second quarter of 2021.
“Our Q2 results were outstanding, highlighted by strong double-digit growth in both segments," said #gregbrown, chairman and CEO, #motorola Solutions. “The continued strong demand for our mission-critical technologies is driving our increased expectations for the full year.”
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