Motorola Solutions (MSI) Revenue — Quarter Ended Sep 28, 2024
Revenue for the quarter rose compared to the prior period. The increase was also favorable when measured against the same quarter from a year earlier.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue for the quarter rose compared to the prior period. The increase was also favorable when measured against the same quarter from a year earlier.
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
+6.2%
Change from the immediately preceding quarter.
Year-over-year
+9.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.7B
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 |
|---|---|---|
| Dec 31, 2023 | $2.8B | +5.2% |
| Mar 30, 2024 | $2.4B | +10.0% |
| Jun 29, 2024 | $2.6B | +9.4% |
| Sep 28, 2024 | $2.8B | +9.2% |
Revenue performance
The reported revenue reflects an increase from the immediately preceding quarter. Both product and service net sales contributed to the higher total.
Quarterly comparison
Compared with the same quarter one year prior, revenue was higher. This continues a pattern of year-over-year growth seen in recent quarters.
What to watch
A substantial change in other, net within total other expense for the nine-month period may warrant attention.