Company raises full-year revenue and earnings outlook following strong Q1 results
Sales of $2.4 billion, up 10% versus a year ago
Products and Systems Integration sales up 14%
Software and Services sales up 4%; up 12%1 excluding U.K. Home Office sales
GAAP earnings per share (EPS) of ($0.23), inclusive of a ($3.42)2 loss due to settlement accounting for the Silver Lake convertible debt
Non-GAAP EPS3 of $2.81, up 27% versus a year ago
Record Q1 operating cash flow of $382 million, up $390 million versus a year ago
Record ending backlog of $14.4 billion, up 2% versus a year ago
Credit ratings upgraded to BBB by S&P and Fitch; issued $1.3 billion in long-term debt and settled Silver Lake convertible debt in cash
Acquired Silent Sentinel, a provider of specialized, long-range cameras
