Motorola Solutions, Inc.

Good afternoon and thank you for holding. Welcome to the Motorola Solutions third quarter 2021 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 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 the opportunity to ask questions after today's presentation. I would now like to introduce Mr. Tim Yochum, Vice President of Investor Relations. Mr. Yochum, you may begin your conference.

Good afternoon. Welcome to our 2021 Third Quarter Earnings Call. With me today are Greg Brown, Chairman and CEO, Jason Winkler, Executive Vice President and CFO, Jack Malloy, Executive Vice President, Worldwide Products, Sales and Services, and Mahesh Saptarishi, Senior Vice President and CTO, Software Enterprise and Mobile Video. Greg and Jason will review our results along with commentary and Jack and Mahesh will join for Q&A. We've posted an earnings presentation and news release at MotorolaSolutions.com slash investors. These materials include GAAP to non-GAAP reconciliations for your reference. And during the call, we reference non-GAAP financial results including those in our outlook unless 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 committee 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, in the comments made during this conference call, in the risk factor section of our 2020 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.

Thanks, Tim, and good afternoon, and thanks, everybody, for joining us today. I'm going to start off by sharing a few thoughts about the overall business before Jason takes us through our results and our outlook. First, Q3 results highlight the continued strong demand we're seeing across the business. We grew revenue 13%, earnings per share 21%, and expanded operating margins by 150 basis. Additionally, we ended the quarter with a record Q3 backlog of $11.4 billion, up 7% from last year. Second, we saw strong growth in all three technologies during the quarter. In LMR, revenue was up 11% while navigating a very challenging supply chain environment. In video security and access control, revenue was up 26% driven by strong broad-based demand for both our fixed and mobile video offerings. And in command center software, revenue was up 13% as we continue to expand within our existing install base and win new customers. And finally, based on our strong Q3 results and our expectations for the remainder of the year, we're again raising our full-year guidance for both sales and EPS. I'm now going to turn the call over to Jason to take you through our results and outlook before returning for some final thoughts.