Zebra Technologies (ZBRA) Q4 Earnings & Revenues Decline Y/Y

Zebra Technologies Corporation (ZBRA) reported fourth-quarter 2023 adjusted earnings of $1.71 per share. The bottom line slumped 64$1 billion surpassed the Zacks Consensus Estimate of $993 million. The top line plunged 32.9% year over year due to softness across end markets and distributor destocking. Consolidated organic net sales declined 33.1% year over year. Foreign currency translation had an adverse impact of 0.2% on sales.Segmental PerformanceRevenues from the Asset ...