Motorola Solutions Exceeds Q2 Expectations with Record Performance
Motorola Solutions delivered a standout second quarter, with adjusted earnings of $3.57 per share outpacing the $3.35 consensus. Revenue climbed 5.2% year-over-year to $2.77 billion, while GAAP net income ROSE to $513 million from $443 million. The company's backlog swelled to $14.1 billion on record orders, prompting an upward revision of full-year guidance.
Shares gained 2.07% to $454.32 following the results, reflecting confidence in Motorola's software and services growth trajectory. The earnings beat underscores resilient demand in critical communications infrastructure, though the report carries no direct implications for cryptocurrency markets.