The chart below shows how MSI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MSI sees a -0.16% change in stock price 10 days leading up to the earnings, and a +5.09% change 10 days following the report. On the earnings day itself, the stock moves by +0.03%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Q3 Revenue Growth Analysis: Revenue increased by 9% in Q3, driven by 11% growth in Products and SI and 7% growth in software and services.
Operating Margin Expansion: Operating margins expanded year-over-year for the ninth consecutive quarter, with earnings per share increasing by 17%.
Strong Q3 Operating Cash Flow: Generated record Q3 operating cash flow of over $750 million.
Record Q3 Orders: Demand for solutions remains robust, achieving record Q3 orders across all three technologies.
Operating Cash Flow Increase: Expecting full year operating cash flow of approximately $2.3 billion, up from previous guidance of $2.25 billion.
Negative
Revenue Growth Slowdown: Revenue growth was only 9%, which is lower than previous expectations and indicates a slowdown in growth momentum.
Operating Earnings Decline: Operating earnings were reported at $711 million, which is a decrease from the previous year's $830 million, reflecting a decline in profitability.
Backlog Decline Impact: The total backlog decreased by $178 million or 1% compared to last year, indicating potential challenges in future revenue generation.
Cash Flow Shortfall: Operating cash flow for Q3 was $759 million, which is lower than the expected $800 million, suggesting tighter cash management issues.
UK Home Office Revenue Decline: The company faced a reduction in UK Home Office revenue, which negatively impacted overall segment performance.
Motorola Solutions, Inc. (MSI) Q3 2024 Earnings Call Transcript
MSI.N
-2.28%