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Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 2.62B | 51% |
| Gross Profit | 1.34B | 12.3% |
| Cost of Revenue | 1.76B | 7.1% |
| Operating expense | 690M | 3.9% |
| Net Income | 443M | 1235.9% |
| EBITDA | 701M | 7688.9% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 13.3B | 0.1% |
| Total Liabilities | 12.5B | 2% |
| Total Equity | 802M | 53.9% |
| Shares Outstanding | 167M | 0% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 180M | 52.9% |
| Cash from investing | -71M | 51.1% |
| Cash from financing | -231M | 54.9% |
EPS
Financial Highlights for Motorola Solutions in Q2 '24
Motorola Solutions reported a revenue of 2.62B, which is a 51% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.34B, marking a 12.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.76B, a 7.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 690M, showing a 3.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 443M, showing a 1235.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 701M, showing a 7688.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Motorola Solutions with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
