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Motorola Solutions Q1 Non-GAAP EPS, Sales Increase; 2024 EPS Guidance Boosted; Shares Rise After Hours
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Motorola Solutions Q1 Non-GAAP EPS, Sales Increase; 2024 EPS Guidance Boosted; Shares Rise After Hours
May 2, 2024 2:12 PM

04:47 PM EDT, 05/02/2024 (MT Newswires) -- Motorola Solutions ( MSI ) reported Q1 non-GAAP earnings late Thursday of $2.81 per diluted share, up from $2.22 a year earlier.

Analysts polled by Capital IQ expected $2.53.

Sales in the quarter ended March 30 rose to $2.39 billion from $2.17 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.35 billion.

The company expects Q2 non-GAAP EPS of $2.97 to $3.02.

Analysts polled by Capital IQ expect $2.90.

The company boosted 2024 non-GAAP EPS guidance to $12.98 to $13.08 from $12.62 to $12.72.

Analysts surveyed by Capital IQ expect $12.74.

The company's shares rose 2.9% in recent after-hours activity.

Price: 346.00, Change: +9.76, Percent Change: +2.90

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