financetom
Business
financetom
/
Business
/
Motorola Solutions Q1 Non-GAAP EPS, Sales Increase; 2024 EPS Guidance Boosted; Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intel Shares Rise In Pre-Market As Nvidia, AMD Crack After CPU Maker Announces New AI Chip To Take On Rivals
Intel Shares Rise In Pre-Market As Nvidia, AMD Crack After CPU Maker Announces New AI Chip To Take On Rivals
Jun 4, 2024
Intel Corp. ( INTC ) saw a 2.34% rise in pre-market trading on Tuesday, after announcing its new Lunar Lake chips with advanced AI processors. What Happened: At the ongoing Computex technology trade show in Taiwan, Intel ( INTC ) CEO Pat Gelsinger revealed the company’s updated AI strategy, which aligns with Microsoft Corp. ( MSFT ) “Year of AI...
Donaldson Fiscal Q3 Adjusted Earnings, Sales Climb; Updates Fiscal 2024 Outlook
Donaldson Fiscal Q3 Adjusted Earnings, Sales Climb; Updates Fiscal 2024 Outlook
Jun 4, 2024
06:41 AM EDT, 06/04/2024 (MT Newswires) -- Donaldson (DCI) reported fiscal Q3 adjusted earnings Tuesday of $0.92 per diluted share, up from $0.76 a year earlier. Analysts surveyed by Capital IQ expected $0.84. Net sales for the quarter ended April 30 were $927.9 million, up from $875.7 million a year earlier. Analysts surveyed by Capital IQ expected $917.7 million. For...
Johnson & Johnson Ordered to Pay $260 Million In Talc Powder Case
Johnson & Johnson Ordered to Pay $260 Million In Talc Powder Case
Jun 4, 2024
06:38 AM EDT, 06/04/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) was ordered by a jury Monday to pay an Oregon woman $260 million after she developed mesothelioma allegedly caused by inhaling the company's talc powder, Reuters reported. The Portland jury's award includes $60 million in compensatory damages and $200 million in punitive damages, the news agency said....
Market Chatter: New York Lawmakers Plan to Prevent Social Media Platforms From Steering Content to Minors Without Parental Consent
Market Chatter: New York Lawmakers Plan to Prevent Social Media Platforms From Steering Content to Minors Without Parental Consent
Jun 4, 2024
06:41 AM EDT, 06/04/2024 (MT Newswires) -- New York state lawmakers have reached a tentative agreement on a bill that would prohibit social media companies from using algorithms to steer content to children without parental consent, The Wall Street Journal reported late Monday, citing people familiar with the matter. The bill is designed to prevent social media companies from serving...
Copyright 2023-2026 - www.financetom.com All Rights Reserved