Additionally, we ended the quarter with record Q2 ending backlog of $14.3 billion, up approximately $850 million versus last year, and also up approximately $200 million sequentially. And in Products and Systems Integration, continued robust demand and improved supply chain availability led to a 12% growth in revenue and a 52% growth in operating earnings in the segment. In Software and Services, revenue was up 13% and operating earnings were up 15%, driven by strong growth across all three technologies. First, Q2 was another outstanding quarter with revenue and earnings per share both exceeding our guidance. Greg Brown: Thanks, Tim, and good afternoon, and thanks, everybody, for joining us today. And with that, I’ll turn it over to Greg. We do not undertake any duty to update any forward-looking statements. Information about factors that could cause such differences can be found in today’s earnings news release and the comments made during this conference call in the Risk Factors section of our 2022 annual report on Form 10-K or any quarterly report on Form 10-Q and in our other reports and filings with the SEC. Actual results could differ materially from these forward-looking statements. These statements are based on current expectations and assumptions that are subject to a variety of risks and uncertainties. A number of forward-looking statements will be made during this presentation and during the Q&A portion of the call. And during the call, we reference non-GAAP financial results, including those in our outlook, unless otherwise noted. These materials include GAAP to non-GAAP reconciliations for your reference. We posted an earnings presentation and news release at /investor. Greg and Jason will review our results along with commentary, and Jack and Mahesh will join for Q&A. With me today are Greg Brown, Chairman and CEO Jason Winkler, Executive Vice President and CFO and Jack Molloy, Executive Vice President and COO and Mahesh Saptharishi, Executive Vice President and CTO. Welcome to our 2023 second quarter earnings call. Tim Yocum, Vice President of Investor Relations. You will have an opportunity to ask questions after today’s presentation. The website address is All participants have been placed in a listen-only mode. In addition, a webcast replay of this call will be available on our website within three hours after the conclusion of this call. The presentation material and additional financial tables are posted on the Motorola Solutions Investor Relations website. If you have any objections, please disconnect at this time. Welcome to the Motorola Solutions Second Quarter 2023 Earnings Conference Call. Operator: Good afternoon and thank you for holding. Reported EPS is $2.65, expectations were $2.51. (NYSE: MSI) Q2 2023 Earnings Call Transcript AugMotorola Solutions, Inc. There are countless apps to help you monitor your computer, but MSI Center aims to do something more than that: by incorporating feature sets, this software expands its functionality based on your needs.Motorola Solutions, Inc. On top of the Monitor tab, which provides you with extensive, yet easy-to-grasp information about your system - from the usage of your CPU and GPU, and all the way to the fan speeds - the additional features offered by MSI in this app serve to attract a varied user base.įor instance, there's a Gaming Mode option, which closes unnecessary apps to help boost your system performance, further complimented by Smart Priority and User Scenario, meant to help your computer focus on what's most needed to you. There's also a Game Highlights function, which has the app acting as a recorder for your gameplay. It no longer loops but now a pop-up appears saying 'Command Center does not support this mainboard' You have to either wait or report it to MSI then, the command center is probabably gonna have an update for it soon enough. If you want to enhance the audiovisual experience of your games, there's also the Sound Tune and True Color options, which serve to calibrate your headphones and display. Moreover, Duet Display can turn your tablet into a secondary screen to capture certain areas of your games - this way, you could have your League of Legends minimap on your portable device - and if you wanted more, there's the MSI Companion overlay, allowing you to tweak your PC while in-game.
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