Motorola Solutions (MSI) Revenue — Quarter Ended Jun 29, 2024
Revenue increased for the quarter ended June 29, 2024. The improvement was driven by higher product and service sales.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q2
Revenue increased for the quarter ended June 29, 2024. The improvement was driven by higher product and service sales.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+10.0%
Change from the immediately preceding quarter.
Year-over-year
+9.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.4B
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 |
|---|---|---|
| Sep 30, 2023 | $2.6B | +7.7% |
| Dec 31, 2023 | $2.8B | +5.2% |
| Mar 30, 2024 | $2.4B | +10.0% |
| Jun 29, 2024 | $2.6B | +9.4% |
Revenue performance
Reported revenue rose compared to the immediately preceding quarter. It also exceeded the level from the same quarter one year earlier.
Quarterly comparison
The sequential gain reversed the decline seen in the prior quarter. On a year-over-year basis, revenue continued its upward trajectory.
What to watch
Revenue has shown quarter-to-quarter volatility, alternating between increases and decreases.