Zebra Technologies Corporation (ZBRA) is slated to release fourth-quarter 2023 results on Feb 15, before market open.The Zacks Consensus Estimate for the company’s fourth-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in three of the preceding four quarters while missing in one.Let’s see how things have shaped up for Zebra Technologies this earnings season.Factors to NoteSignificant weakness in the ...

LAS VEGAS--(BUSINESS WIRE)--The NFL, AWS and Zebra Technologies announced today they will host a Super Bowl press conference on Wednesday, Feb. 7 from 3:30-4:15pm pacific. Los Angeles Rams’ wide receiver and finalist for the Offensive Rookie of the Year, Makea “Puka” Nacua will join the discussion to give his perspective on the match ups for the Super Bowl. Experts from the NFL, AWS and Zebra will also share data and insights for a Super Bowl preview powered by Next Gen Stats to help the media and fans know ...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, will report its fourth quarter and full year 2023 financial results on Thurs. morning, Feb. 15, 2024. The company will also host a conference call to discuss these results on the same day at 7:30 a.m. CT (8:30 a.m. ET). To access the live webcast of the presentation, visit the events section of the company’s website at ...

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, today announced the United States Postal Service (USPS) awarded the company a Change of Address Reporting System and Remote Forwarding System (COARS-RFS) printer technology refresh contract through 2028 for the purchase of ZD411 printers. Zebra’s ZD411 printers and related services will provide label printing for the ...

Zebra Technologies Corporation (ZBRA) has been benefiting from improving supply chains and reduced product lead times of late. Targeted list price increases and higher sales of radio frequency identification devices (“RFID”) products are aiding the company’s Asset Intelligence and Tracking segment. Higher sales of services and software and contributions from recent acquisitions bode well for the Enterprise Visibility & Mobility segment.The firm remains focused on acquiring businesses to gain new customers a ...

Zebra Technologies announces the new evolution of its ultra-rugged mobile computers with the MC9400 Series, enhanced with 5G (data only) and Wi-Fi 6E connectivity for use inside and outdoors, even in cold storage. The MC9400 Series meets the connectivity, scanning and device security needs for retail, manufacturing, warehousing, transportation and logistics, including yards, ports and other tough workflows on the edge. (Photo: Business Wire)Zebra Technologies announces the new evolution of its ultra-rugged ...

Zebra Technologies Corporation (NASDAQ:ZBRA) Q3 2023 Earnings Conference Call October 31, 2023 8:30 AM ET Company Participants Michael Steele - Vice President of Investor Relations Bill Burns - Chief Executive Officer Nathan Winters - Chief Financial Officer Joachim Heel - Chief Revenue Officer Conference Call Participants Brad Hewitt - Wolfe Research, LLC Tommy Moll - Stephens, Inc. Damian Karas - UBS Securities LLC Keith Housum - Northcoast Research Joseph Giordano - TD Cowen Meta Marshall - Morgan Stanle ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-19406 Zebra Technologies Corporation (Exact name of registrant as specified in its charter) (State or other jurisdic ...

IIII III USPS FIRST-CLASS IIIIIIIIIII IMODIAN A.zERRA zebra technologies This presentation contains certain Non-GAAP financial measures, consisting of "adjusted net sales," "adjusted gross profit," "adjusted gross margin," "EBITDA," "Adjusted EBITDA," "Adjusted EBITDA margin," "Adjusted EBITDA % of adjusted net sales," "non-GAAP net income," "nonGAAP earnings per share," "non-GAAP diluted earnings per share," "free cash flow," "organic net sales," "organic net sales growth (decline)," and "adjusted operatin ...

Financial Data and Key Metrics Changes - In Q2, net sales decreased by 17.3%, with an organic decline of 16% [26] - Adjusted EBITDA margin was 21.2%, a decrease of 70 basis points year-over-year [51] - Non-GAAP diluted earnings per share fell by 29% to $3.29 [51] - The company expects Q3 sales to decline between 30% and 35% compared to the prior year [1] - Full-year sales outlook has been reduced to a decline of 20% to 23% [2] - Free cash flow is expected to be positive in the second half but negative for the year due to lower sales and earnings expectations [3] Business Line Data and Key Metrics Changes - The Asset Intelligence and Tracking segment was flat, with growth in RFID and supplies offset by a decline in printing [26] - The Enterprise Visibility & Mobility segment saw a decline of 23.6%, primarily due to a sharp drop in mobile computing [50] - Growth in data capture solutions partially offset the decline in mobile computing [50] Market Data and Key Metrics Changes - North America sales decreased by 11%, EMEA sales declined by 24%, Asia-Pacific sales decreased by 17%, and Latin America sales fell by 6% [37] - Demand was weakest in retail, e-commerce, and transportation logistics, with distributors focusing on reducing inventory levels [23] Company Strategy and Development Direction - The company is focused on advancing its Enterprise Asset Intelligence vision and positioning itself as a premier solutions provider [18] - Investments in machine vision and RFID solutions are expected to drive long-term growth [6][8] - The company is implementing cost reduction initiatives to align its cost structure with long-term business trajectories [15][48] Management's Comments on Operating Environment and Future Outlook - Management noted significant uncertainty in the demand environment and cautious customer spending behavior [22] - The company does not expect a recovery in 2023 and anticipates a reset of its cost structure [54] - Management believes that while sales are pressured near-term, the long-term value proposition remains strong [57] Other Important Information - The company incurred $5 million in premium supply chain costs compared to pre-pandemic levels, which are expected to be fully mitigated entering Q3 [55] - The company is focused on achieving 100% cash conversion over a cycle as part of its long-term incentive compensation plan [16] Q&A Session All Questions and Answers Question: Can you elaborate on the reset of the trajectory for e-commerce? - Management indicated that the reset is widespread, affecting various customers who are absorbing capacity built during the pandemic [60][63] Question: What is the outlook for the fourth quarter? - Management expects an uptick in Q4 revenue due to reduced destocking by distributors, but overall demand remains uncertain [66] Question: What are the biggest drivers of the recent demand decline? - The decline is driven by cautious spending behavior across all end markets, particularly in retail and e-commerce [71][72] Question: How is the machine vision segment performing? - The machine vision business is performing well, with growth opportunities in electric vehicles and pharmaceuticals despite short-term semiconductor challenges [112] Question: What is the expected full-year pricing benefit? - The company expects a full-year pricing benefit of around 2 points, slightly higher than previous guidance [104]