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● ● ● MOTOROLA SOLUTIONS Motorola Solutions Reports First - Quarter 2021 Financial Results Company raises full - year revenue and EPS guidance following strong Q1 results Sales of $ 1.8 billion , up 7 % versus a year ago Software and Services segment sales grew 15 % and expanded operating margins GAAP earnings per share ( EPS ) of $ 1.41 Non - GAAP EPS * of $ 1.87 , up 26 % versus a year ago Backlog of $ 11.3 billion , up 8 % versus a year ago Generated $ 370 million of operating cash flow , up 20 % versus a year ago Announced $ 2 billion increase to share repurchase program CHICAGO - May 6 , 2021 - Motorola Solutions , Inc. ( NYSE : MSI ) today reported its earnings results for the first quarter of 2021 . " Q1 was an outstanding quarter , with record first - quarter revenue , operating earnings , cash flow and ending backlog , " said Greg Brown , chairman and CEO of Motorola Solutions . " I'm very pleased with our double digit growth in video security , command center software and LMR services . This strong demand combined with our ending backlog position is driving our increased expectations for the full year . " The company also announced that its board of directors has approved , subsequent to quarter end , a $ 2 billion increase to the share repurchase program , raising the total authorization since July 2011 to $ 16 billion . Under the company's previously authorized $ 14 billion share repurchase program , approximately $ 479 million in repurchase authority remained at the end of the first quarter of 2021. The company may continue to repurchase shares from time to time in the open market or in other privately negotiated transactions , subject to market conditions . KEY FINANCIAL RESULTS ( presented in millions , except per share data and percentages )