Zebra Earnings Reports

Zebra Technologies posted strong Q4 performance with 32.2% YoY revenue growth, driven by robust demand in North America. Gross and operating margins improved significantly, while net income surged due to higher sales and cost efficiencies.

Zebra Technologies reported a strong third quarter in 2024, with net sales of $1,255 million, a 31.3% year-over-year increase. Net income was $137 million, or $2.64 per diluted share, and non-GAAP diluted EPS increased to $3.49. Adjusted EBITDA increased to $268 million. The company completed exit and restructuring actions, driving $120 million in annualized net expense savings.

Zebra Technologies reported a slight increase in net sales and maintained profitability through cost discipline and improved gross margin. The company's EVM segment drove growth, while AIT segment sales declined. Increased full year outlook reflecting Q2 performance and early signs of momentum in demand led by mobile computing, balanced with continued cautious customer spending behavior.

Zebra Technologies reported Q1 2024 net sales of $1,175 million, a 16.4% year-over-year decrease. Net income was $115 million, or $2.23 per diluted share. Adjusted EBITDA decreased to $234 million. The company is on track with $120 million annualized net expense savings from Exit and Restructuring plans.

Zebra Technologies reported a decrease in net sales and net income for Q4 2023, impacted by broad-based market softness and distributor destocking. The company is implementing cost reduction plans and expects to return to growth in 2024.

Zebra Technologies reported a decrease in net sales by 30.6% year-over-year to $956 million, with a net loss of $15 million, or $(0.28) per diluted share. Adjusted EBITDA decreased to $111 million. The company expects a significant sequential improvement in profitability due to cost restructuring actions.

Zebra Technologies' second quarter results were impacted by softening demand and cautious customer spending, particularly in retail and logistics. However, profit margin was higher than expected, enabling the company to achieve its EPS outlook. The company is revising its outlook downward but remains confident in its ability to benefit from long-term trends.

Zebra Technologies reported Q1 2023 results with net sales of $1,405 million, a 1.9% year-over-year decrease. Net income was $150 million, with diluted EPS at $2.90. Adjusted EBITDA increased by 5.6% year-over-year to $301 million.

Zebra Technologies announced its Q4 2022 results, with net sales increasing by 2.5% year-over-year to $1,503 million. Net income decreased by 2.6% to $186 million, while non-GAAP diluted EPS increased by 4.6% to $4.75. The company is taking a cautious approach to its outlook due to the uncertain macro environment.

Zebra Technologies reported net sales of $1,378 million, a 4.0% year-over-year decrease. Net income was $170 million, with a non-GAAP diluted EPS of $4.12, a 9.5% year-over-year decrease. The company is taking a cautious approach to Q4 sales outlook and expense management due to softening demand and elongated sales cycles.

Zebra Technologies announced second-quarter 2022 results with net sales of $1,468 million, a 6.6% year-over-year increase. The company reported a net loss of $98 million, or $(1.87) per diluted share, inclusive of $372 million in settlement costs. Non-GAAP diluted EPS increased 0.9% year-over-year to $4.61. Adjusted EBITDA decreased 1.2% year-over-year to $321 million.

Zebra Technologies reported a 6.3% year-over-year increase in net sales, reaching $1,432 million. Net income decreased by 10.1% to $205 million, with diluted EPS decreasing by 9.2% to $3.83. The company reiterated its full-year 2022 sales outlook but lowered its adjusted EBITDA margin guidance due to increased supply chain costs.

Zebra Technologies reported a 12.2% increase in net sales for Q4 2021, reaching $1,467 million. Net income decreased by 4.0% to $191 million, while adjusted EBITDA increased by 3.6% to $319 million. The company anticipates continued growth in 2022, driven by a strong order backlog and pipeline.

Zebra Technologies announced strong third-quarter results with a 26.9% year-over-year increase in net sales, reaching $1,436 million. Net income also saw a significant rise of 71.6% to $199 million, with adjusted EBITDA increasing by 35.7% to $312 million.

Zebra Technologies reported a strong first quarter with net sales of $1,347 million, a 28% year-over-year increase. Net income increased by 156.2% to $228 million, and non-GAAP diluted EPS increased by 79.4% to $4.79. The company is raising its full-year 2021 outlook for both sales and profitability.

Zebra Technologies reported a strong fourth quarter with record sales, EBITDA, earnings per share, and free cash flow. Net sales increased by 9.7% year-over-year to $1,308 million, and adjusted EBITDA increased by 20.8% to $308 million.

Zebra Technologies reported a slight increase in net sales, but experienced decreases in net income, EPS, and adjusted EBITDA. The company saw strong demand from large strategic customers and recovery through the channel.

Zebra Technologies announced Q2 2020 results with net sales of $956 million, a 12.9% year-over-year decrease. Net income was $100 million, and non-GAAP diluted EPS was $2.41. The company believes sales bottomed in Q2 and expects second half trends to improve.

Zebra Technologies reported a decrease in net sales and profitability for Q1 2020 due to COVID-19 impacts. Net sales decreased by 1.3% year-over-year to $1,052 million, and net income decreased by 22.6% to $89 million. The company experienced supply chain disruptions and weaker demand in China, but took steps to manufacture and supply mission-critical products.

Zebra Technologies reported a 4.8% increase in net sales, reaching $1,192 million, driven by growth in North America and EMEA, although partially offset by lower sales in Asia-Pacific. Net income increased by 47.0% to $169 million, with diluted EPS rising by 46.9% to $3.10. Adjusted EBITDA also saw a 6.3% increase, reaching $255 million.