Motorola Solutions (MSI) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter was lower than the immediately preceding quarter, but higher than the same quarter one year earlier. The company’s filing context references higher earnings and improved working capital in its operating cash flow discussion.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q1
Revenue for the quarter was lower than the immediately preceding quarter, but higher than the same quarter one year earlier. The company’s filing context references higher earnings and improved working capital in its operating cash flow discussion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
-16.1%
Change from the immediately preceding quarter.
Year-over-year
+10.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.2B
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 |
|---|---|---|
| Jul 1, 2023 | $2.4B | +12.3% |
| Sep 30, 2023 | $2.6B | +7.7% |
| Dec 31, 2023 | $2.8B | +5.2% |
| Mar 30, 2024 | $2.4B | +10.0% |
Revenue performance
The reported revenue declined from the prior quarter, while it increased compared with the same period a year ago.
Quarterly comparison
Revenue fell from the prior quarter, yet rose relative to the same quarter last year.
What to watch
Monitor the sequential revenue trend given the decline from the prior quarter.