Aug 7 (Reuters) - Safety and enterprise security
services provider Motorola Solutions ( MSI ) raised annual
revenue forecast on Thursday, driven by robust demand for its
safety and security solutions.
Government agencies and businesses have been making efforts
to strengthen their security and communication infrastructure,
aiming to prevent disruptions to operations caused by
cyberattacks, benefiting Motorola.
The verticals that drive Motorola's enterprise security
business are healthcare, critical infrastructure and education,
which are markets that tend to be more resilient.
To address the impact of tariffs, Motorola has been
implementing discretionary cost controls, adjusting its supply
chain and increasing pricing across its portfolio.
The company makes radio communication equipment, 911
emergency call handling software and body cameras widely used by
law enforcement agencies in the United States and globally.
Motorola has also expanded into video surveillance and data
analytics, integrating these technologies into its tools for
public safety and first responders.
In July, the company said it will introduce AI labels
across its safety and security products to enhance transparency
around the use of artificial intelligence in public safety and
enterprise security.
The company closed its acquisition of wireless-radio maker
Silvus Technologies for $4.4 billion on Wednesday, aiming to
strengthen its market position and capitalize on rising demand.
Motorola now forecasts fiscal 2025 revenue growth of 7.7% to
about $11.65 billion, including expected revenue related to
Silvus, higher than its prior projection of a 5.5% growth.
Analysts expect $11.41 billion in revenue, according to data
compiled by LSEG.
Its revenue for the second quarter was $2.77 billion,
compared with an estimate of $2.73 billion.
Adjusted quarterly profit was $3.75 per share, up from $3.24
a year ago.