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CHICAGO - Motorola Solutions (NYSE:MSI) reported second-quarter earnings that exceeded analyst expectations, with strong performance in its Software (ETR:SOWGn) and Services segment driving results. The company posted adjusted earnings per share of $3.57, beating the analyst estimate of $3.35, while revenue reached $2.77 billion, surpassing the consensus estimate of $2.73 billion.
The company’s quarterly revenue grew 5% compared to the same period last year, with Software and Services sales increasing 15% while Products and Systems Integration sales remained flat. Following these results, Motorola Solutions shares fell 1.6% in trading.
"Q2 was outstanding, with record second-quarter revenue and earnings," said Greg Brown, chairman and CEO of Motorola Solutions. "We continue to see robust demand for our safety and security solutions, highlighted by record Q2 orders and our increased revenue, earnings and operating cash flow expectations for the year."
The company raised its full-year 2025 outlook, now expecting revenue of approximately $11.65 billion, representing 7.7% growth, up from its previous guidance of $11.4 billion. Adjusted EPS guidance was increased to between $14.88 and $14.98, above the analyst consensus of $14.72.
For the third quarter, Motorola Solutions forecasts revenue growth of approximately 7% YoY and adjusted EPS between $3.82 and $3.87, compared to the analyst estimate of $3.82.
Operating cash flow for the quarter was $272 million, up $92 million from the year-ago period, while the company ended the quarter with a backlog of $14.1 billion, up $150 million YoY driven by record second-quarter orders.
Subsequent to the quarter, Motorola Solutions completed its acquisition of Silvus Technologies for $4.4 billion, which is expected to contribute $185 million in revenue for the full year 2025.
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