Motorola Solutions (MSI) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter a year earlier. The sequential growth was stronger than the year-over-year gain.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter a year earlier. The sequential growth was stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
+11.5%
Change from the immediately preceding quarter.
Year-over-year
+5.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$10B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 1, 2023 | $2.2B | +14.7% |
| Jul 1, 2023 | $2.4B | +12.3% |
| Sep 30, 2023 | $2.6B | +7.7% |
| Dec 31, 2023 | $2.8B | +5.2% |
Revenue performance
The reported revenue direction was upward, continuing the positive trend observed throughout the year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Versus the same quarter one year earlier, revenue also grew, though at a more moderate pace.
What to watch
The filing context mentions higher income tax payments, including a one-time item, which may affect future cash flows.