5/2/2019

speaker
Operator
Conference Call Operator

Good afternoon and thank you for holding. Welcome to the Motorola Solutions first quarter 2019 earnings conference call. Today's call is being recorded. If you have any objections, please disconnect at this time. The presentation material and additional financial tables are currently posted on the Motorola Solutions investor relations website. In addition, a replay of this call will be available approximately three hours after the conclusion of this call over the Internet. The website address is www.motorolasolutions.com forward slash investor. At this time, all participants have been placed in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. You will have an opportunity to ask questions after today's presentation. I would now like to introduce Mr. Chris Cutzer, Vice President of Investor Relations. Mr. Cutzer, you may begin your conference.

speaker
Chris Cutzer
Vice President of Investor Relations

Thank you and good afternoon. Welcome to the 2019 first quarter earnings call. With me today are Greg Brown, Chairman and CEO, Gino Boninote, Executive Vice President and CFO, Jack Malloy, Executive Vice President, Products and Sales, and Kelly Mark, Executive Vice President, Services and Software. Greg and Gino will review our results along with commentary, and Jack and Kelly will join for Q&A. We've posted an earnings presentation and news release at MotorolaSolutions.com slash investor. These materials include gap to non-gap reconciliations for your reference. And during the call, we referenced non-gap financial results, including those in Outlook and less otherwise noted. A number of forward-looking statements will be made during this presentation and during the Q&A portion of the call. These statements are based on current expectations and assumptions that are subject to a variety of risks and uncertainties. Actual results could differ materially from these 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 factor section of our 2018 annual report on Form 10-K, and in our other reports and filings with the SEC. We do not undertake any duty to update any forward-looking statement. And with that, I'll turn it over to Greg.

speaker
Greg Brown
Chairman and CEO

Thanks, Chris. Good afternoon, and thanks for joining us today. I'll share a few thoughts about the overall business before Gino takes us through the results and the outlook. A first Q1 was an excellent start to what I believe will be another strong year. With first quarter records for sales, operating earnings, and ending backlog. Revenue grew 13%, earnings per share grew 16%, and we generated operating cash flow of $251 million. I'm pleased, secondly, I'm pleased with our results in product and systems integration and services and software. We reported double-digit growth in both segments, driven by the Americas and EMEA. At the same time, we did grow backlog year over year by almost $800 million. And finally, demand remains strong across our platforms in LMR communications, command center software, and video security and analytics. And we continue to invest in our unique mission-critical ecosystem that we're building for long-term growth. I'll now turn the call over to Gino. He'll provide additional details on Q1 results and outlook before returning for some closing thoughts. Thank you, Greg.

Disclaimer

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