Motorola Q1 2023 Financial And Avigilon Results Examined
For background, see our last report: Motorola 2022 Results And 2023 Financial Outlook Examined.
Now, Motorola has released its Q1 2023 financials which we examine herein.
Financial ******* ********
******** **** *** ******** *** ****** it *** *** **** ** *** year:
** ******** ******* *** ******** *** share ***** *** ******** **** ******* up **% *** ******** *** ***** up **% ****** *** ***** ****
***** ** *** ****** ***** ** the **** *** ********* ****** ******, we’re ******* **** *** ******* *** earnings ******** *** *** **** ****.
*** *** **** ****, ** *** increasing **** *** ******* *** *** guidance. ** *** ****** ******* ** the ***** ** $*.*** ******* ** $9.775 *******, ** **** *** ***** range ** $*.** ******* ** $*.* billion *** ** ****** ***-**** ******** per ***** ******* $**.** *** $**.**, up **** *** ***** ******** ** $11.10 *** $**.** *** *****.
******* **** **% *** ** ****** $2.2 ******* *** ** *** ** organic, ******** ******** *****, ****** *** 10.1% ("** ********* ****** *** ******* were $** *******, ***** ************ ***** $42 *******)
******* **** ********** ****** ****** *** 3 ** ********'* ******** *****:
Video / ******** *******
******** ****** ******* ******* ****** ***** its ***** / ******** ********. **** 3 ******* *** ********* **** ** all ***** *******:
**********, *** **** ********* *** **********, which ******* ***** ***** *** ********* half ** *** ***** ******** ********.
******** *** **** ******** ******* ** increasing *** ** ********** ***** *****, an **** **** ** *** ************ been ****** ** *** ***** ****.
************ ** **********, **** ***** * $16 ******* ****, ****** ******* ****** the ********, *********** **** **** *** an ******** ***** ****:
************, *’* **** **** *** **********, we’re ******, ****** *******. ** *** – ** ******* * $** ******* deal **** *** *****-***** ******** ******. This *** ** ***-**. *** *** beauty ** **** ** ****’** *** only * ***** ****, *** ****’** also * ***** ****.
******** ********** *** ********** ** *****-******* their ********* ********:
* ***** *** ********* ** ** tie ** *** **** ****** **** that ** ****** *** ***** ***** to ** *** *****-****, *** ****’* just **** ** *** *** ***.
** **********, **** ************ **** ****** *************** ******* **** **** *** *** they *** ******** *** *********** **** Motorola ********:
** *** ****** ******** ** *********, especially ****** **, *** **** *-**. And ** ** ********** ****** *****, Rave ******* ********** ******** **** ****** safety *** **** **** ** *** initiatives **** ** **** ********** ********, we *** ****** *** ****** ***** effectively ******** *** **** **** *** at * ****** **** ** ** from ********** ******** ** ****** ******. So, *** ******** ******** ***** ********** there, *****, ****every *** ** *** *** ***** *** ******, ** *** ******** ******** **** *** *****. And what that includes is two-way texting, caller profile. This is information about individuals who perhaps need special assistance, facility info, which is blueprints a facility so that responders can respond with greater information as to what to see – what they will see when they get to the facility and very importantly, caller location. And that is going to be part of our Rave VESTA 911 offer going forward. The second is we are integrating **** ******* **** *** ********** ******** ********. So, Orchestrate is a key enabler for that. And as part of our full Safety Reimagined program, we are bringing Rave much closer in terms of the ability to detect and the ability to alert using Rave alert and the ability to bridge into 911 as appropriate. [emphasis added]
**** **** ********** ** *** **** are ******************* **** *** *****, ******** *********, ****** ** *** ****** ***:
** *** ** * ***** ******** to **** ** ****** ** ** on-prem *******, ***** ** *** *** most ********* *** *****, *** **** in * ***** *******. *** ** markets ****, ** *** ********** ********* well.
** **********, **** ****** ** ******* of *** * ****** *** * video ********* *** **** * ** them **** *** * ******** *********:
* *** * ***** **** ********* on **** ******** ** * *****-***** metropolitan ****** ********. **** *** ***** finalists, *** ** *** ********* **** Avigilon **** *** ******** *****. *** I ***** ****’* *** ***** **** we *** **** * ******** *** their ******** ***** **** ** *** else ** *** *********** *** *****.
** ******* **** **** ** **** school ******** ** ******* ******* *** the ***** (**** ** **** ****** though ***** *******'* ************ ****** ***** strategy **** ***** *** ** **********).
Stock ***********
******** *** ************* ****** *** ****** in *** **** ****, **** *** stock ****** ** **%:
*** ** *** **** * *****, the ***** ** ** ~***%: