Zebra Technologies Corporation
Zebra Technologies Announces Strong Q3 2024 Results and Outlook
Summary
Zebra Technologies Corporation reported a significant increase in net sales and net income for the third quarter of 2024, with net sales of $1,255 million, a year-over-year increase of 31.3%, and net income of $137 million. The company's non-GAAP diluted earnings per share increased to $3.49. The company also provided an outlook for the fourth quarter, expecting sales growth between 28% and 31% compared to the prior year.
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About Zebra Technologies Corporation
Zebra Technologies Corporation is a leading global provider of innovative hardware and software solutions designed to effectively manage and track business assets and operations. The company's core offerings include mobile computing devices, barcode scanners, RFID readers, and advanced software analytics platforms, which serve to enhance data visibility and operational efficiency. These products are vital for sectors such as manufacturing, transportation and logistics, healthcare, and retail, where efficient inventory and workforce management are critical. By enabling real-time data capture and information analysis, Zebra Technologies helps businesses make informed decisions that drive productivity and streamline operational processes. Founded in 1969 and headquartered in Lincolnshire, Illinois, Zebra has established itself as a pivotal player in the industry, empowering organizations worldwide to enhance their supply chain management and operational workflows. With its focus on innovative technology and market-driven solutions, Zebra Technologies continues to hold a significant role in advancing the digital transformation of industries globally.
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