Revenue growth of 1% to 3%

In 2Q16, the US (SPY) Motorola Solutions (MSI) expects revenue growth between 1% and 3%. It expects Airwave to add approximately $130 million in 2Q16. Non-GAAP (generally accepted accounting principles) earnings per share (or EPS) are expected between $0.82 and $0.88.

For 2016, MSI projects revenue growth of 5% to 7% with non-GAAP EPS between $4.45 and $4.65. In calendar 2016, MSI expects Airwave to add $450 million in revenue and $250 million in adjusted EBITDA.

MSI 5yr Share Price:

Motorola Two-Way Radios Share Price

 

 

 

 

 

 

 

Who is Airwave?

Motorola Solutions expanded its managed & support services business with the acquisition of Airwave in Dec 2015 for circa $1.6billion USD.

Airwave is the largest private operator of a public safety network in the world, delivering mission-critical voice and data communications to more than 300 emergency and public service agencies in Great Britain. Based on Terrestrial Trunked Radio (TETRA) technology provided by Motorola Solutions, its network covers 99 percent of Great Britain’s landmass, is resilient and enables more than 300,000 police, fire, ambulance and other emergency personnel to easily and securely communicate with each other.