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Motorola Solutions Q3 Non-GAAP Earnings, Sales Rise; 2024 Guidance Lifted -- Shares Gain After Hours
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Motorola Solutions Q3 Non-GAAP Earnings, Sales Rise; 2024 Guidance Lifted -- Shares Gain After Hours
Nov 9, 2024 12:39 PM

04:30 PM EST, 11/07/2024 (MT Newswires) -- Motorola Solutions ( MSI ) reported Q3 non-GAAP earnings late Thursday of $3.74 per share, up from $3.19 a year earlier.

Analysts polled by Capital IQ expected $3.38.

Net sales for the quarter ended Sept. 28 rose to $2.79 billion from $2.56 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.76 billion.

The company boosted its full-year 2024 non-GAAP EPS guidance to a range of $13.63 to $13.68 from $13.22 to $13.30 previously. Analysts surveyed by Capital IQ expect $13.33. The company said it now expects revenue growth of 8.25% for the year, versus previous guidance of about 8%.

Shares of the company were up 1.5% in after-hours activity.

Price: 477.10, Change: +7.15, Percent Change: +1.52

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