摩托罗拉据悉接近以45亿美元收购无线通信技术公司Silvus。（彭博） ...

智通财经5月21日电，摩托罗拉接近以45亿美元收购Silvus。 ...

Motorola Solutions (MSI) FY Conference May 13, 2025 10:10 AM ET Speaker0 Good morning, everyone. I'm Joe Caruso, one the hardware and networking analysts at JPMorgan. And for the next session, we have the pleasure of hosting Motorola CEO, Greg Brown. So thanks, Greg. Thanks for taking the time today. Speaker1 Thank you, Joe. Speaker0 So, yeah, I wanted to actually get started off first question here. Obviously, we're all in Boston at the JPMorgan conference, but Motorola is actually hosting their own summit ...

So far this year, the S&P 500 has dropped as much as 16% from its highs by April, only to rally and gain all but 4 of these percentage points back.Whether it's tariff concerns, an uncertain housing market, lower consumer confidence, or the implications of artificial intelligence (AI) disrupting the workforce, there is no shortage of news to spook investors.However, with this turbulence comes opportunity. This notion could be especially true if investors expand their time frame and remember to look at stocks ...

文章核心观点 - 摩托罗拉一季度财报表现良好，但管理层对下一季度的疲软指引引发市场担忧，股价下跌，不过公司仍是关键公共安全领域的领导者和优质股票 [1][6] 公司业务情况 - 公司是领先的公共安全技术提供商，业务包括陆地移动无线电通信、视频安全与访问控制、指挥中心解决方案 [3] - 公司最大业务板块陆地移动无线电通信销售额微增4%，增长较快的视频和指挥中心业务分别增长11%和10% [4] - 公司软件和服务的经常性销售额增长9%，占总收入约40%，且利润率更高、周期性更低 [4] 公司业绩与市场反应 - 周五下午12:45，公司股价下跌7%，此前公司营收增长6%，每股收益增长13%，轻松超出分析师预期 [1] 公司发展担忧 - 管理层重申2025年销售增长5.5%的指引，但预计第二季度仅增长4%，引发对公司实现全年目标的担忧 [5] - 管理层估计关税今年将使成本增加1亿美元，而2025年预计销售额为110亿美元 [5] 公司投资价值 - 公司仍是关键公共安全领域的领导者、顶级复利者和出色的股息增长型股票 [6]

文章核心观点 - 摩托罗拉解决方案公司2025年第一季度业绩强劲，营收和净利润均超扎克斯共识预期，公司有望凭借强劲需求在短期内延续增长势头 [1] 财务表现 净利润 - GAAP准则下，第一季度净利润4.3亿美元，合每股2.53美元，去年同期净亏损3900万美元，合每股亏损0.23美元，同比改善主要归因于营收增长 [2] - 剔除非经常性项目，非GAAP净利润5.4亿美元，合每股3.18美元，去年同期为4.82亿美元，合每股2.81美元，超出扎克斯共识预期0.17美元 [3] 营收 - 季度净销售额25.2亿美元，同比增长6%，受北美市场增长推动，视频安全、指挥中心软件和LMR服务需求强劲，超出扎克斯共识预期的25.1亿美元 [3] - 北美地区季度营收同比增长9%，从17亿美元增至19亿美元；国际营收同比下降3%，从6.96亿美元降至6.76亿美元 [4] 各业务板块表现 - 产品与系统集成业务净销售额从去年同期的14.9亿美元增至15.4亿美元，未达预期的15.6亿美元，积压订单同比减少10亿美元至36亿美元 [5] - 软件与服务业务净销售额同比增长9%，从8.99亿美元增至9.82亿美元，超出预期的9.46亿美元，积压订单增加7.32亿美元至105亿美元 [6] 其他季度详情 - GAAP运营利润从去年同期的5.19亿美元增至5.82亿美元，非GAAP运营利润从6.38亿美元增至7.16亿美元，积压订单同比减少3.06亿美元至141亿美元 [7] - 产品与系统集成业务非GAAP运营利润同比增长24.8%至4.34亿美元，利润率为28.1%；软件与服务业务非GAAP运营利润从2.68亿美元增至2.82亿美元，利润率为28.7% [8] 现金流与流动性 - 本季度运营活动产生的现金为5.1亿美元，去年同期为3.82亿美元，自由现金流为4.73亿美元 [10] - 本季度公司回购了价值3.25亿美元的股票，截至2025年3月31日，公司拥有15.6亿美元现金及现金等价物和56.7亿美元长期债务 [10] 业绩指引 - 2025年第二季度，公司预计营收同比增长约4%，非GAAP每股收益在3.32 - 3.37美元之间，非GAAP有效税率预计约为23.5% [11] - 2025年，管理层预计非GAAP每股收益在14.64 - 14.74美元之间，营收增长约5.5%，非GAAP有效税率预计约为23.0% [11] 股票评级与相关公司 - 摩托罗拉目前扎克斯评级为3（持有） [12] - 英特迪基亚目前扎克斯评级为1（强力买入），过去四个季度盈利惊喜达160.15%，拥有超33000项专利及申请，2024年全球新专利申请超5000项 [12][13] - 优比快科技目前扎克斯评级为2（买入），提供网络产品和解决方案，过去四个季度盈利惊喜达7.48%，全球业务模式出色，管理超100家经销商和转售商网络 [14][15] - 爱立信目前扎克斯评级为2，凭借5G产品组合有望把握市场机遇，上季度盈利惊喜达33.33% [16]

Motorola Solutions, Inc. (NYSE:MSI) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Tim Yocum - VP of IR Greg Brown - Chairman and CEO Jason Winkler - EVP and CFO Jack Molloy - EVP and COO Mahesh Saptharishi - EVP and Chief Technology Officer Conference Call Participants Alyssa Shreves - Barclays Joseph Cardoso - JPMorgan Keith Housum - Northcoast Research Louie DiPalma - William Blair Ben Bollin - Cleveland Research Tomer Zilberman - Bank of America Matt Nicknam - Deutsche Bank ...

Motorola (MSI) reported $2.53 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 5.8%. EPS of $3.18 for the same period compares to $2.81 a year ago.The reported revenue represents a surprise of +0.53% over the Zacks Consensus Estimate of $2.51 billion. With the consensus EPS estimate being $3.01, the EPS surprise was +5.65%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Motorola (MSI) came out with quarterly earnings of $3.18 per share, beating the Zacks Consensus Estimate of $3.01 per share. This compares to earnings of $2.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.65%. A quarter ago, it was expected that this communications equipment maker would post earnings of $3.86 per share when it actually produced earnings of $4.04, delivering a surprise of 4.66%.Over the last four quarters, ...

Motorola Solutions (MSI) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Good afternoon, and thank you for holding. Welcome to the Motorola Solutions first quarter twenty twenty five earnings conference call. Today's call is being recorded. If you have any objections, please disconnect at this time. The presentation material and additional financial tables are posted on the Motorola Solutions Investor Relations website. In addition, a webcast replay of this call will be available on our website with ...