Motorola Solutions is trading 4.3% up at $456.31 after delivering a strong second-quarter earnings beat and raising its full-year revenue and earnings guidance.
- Revenue grew 13% year-over-year to $3.13 billion, driven by a 24% jump in non-GAAP EPS to $4.41 and a record $15.6 billion backlog.
- The company is strategically expanding its portfolio into counter-drone technology through the $1.5 billion acquisition of D-Fend Solutions.