Motorola Solutions reported second quarter results that beat analyst expectations, with revenue of $3.13 billion versus estimates of $3.00 billion and adjusted EPS of $4.41 versus $3.85. The company raised its full-year revenue guidance to $12.98 billion at the midpoint from $12.8 billion and lifted adjusted EPS guidance to $17.67 at the midpoint, a 4.4% increase. During the earnings call, analysts focused on Silvus production capacity, fourth-quarter acceleration drivers, margin rebound in Products and Systems Integration, software subscription adoption for APX NEXT radios, and the duration of the D-Series upgrade cycle. Management highlighted expanded capacity in Los Angeles and a new Salt Lake City facility, strong demand visibility from double-digit orders growth, and annual recurring revenue from software subscriptions nearing $100 million.
Motorola Solutions IncQ2 beat and raised guidance
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