Zebra Technologies (ZBRA) Q1 Earnings & Revenues Decline Y/Y

Zebra Technologies Corporation (ZBRA) reported first-quarter 2024 adjusted earnings of $2.84 per share. The bottom line slumped 27.9% year over year.Total revenues of$ 1.2 billion surpassed the Zacks Consensus Estimate of $1.1 billion. The top line plunged 16.4% year over year due to softness across end markets. Consolidated organic net sales declined 16.8% year over year. Foreign currency translation had an adverse impact of 0.4% on sales.Segmental PerformanceRevenues from the Asset Intelligence & Tracking ...