Zebra Technologies Corporation
Zebra Technologies Reports Strong Q4 2024 Financial Results
Summary
Zebra Technologies Corporation announced robust financial results for the fourth quarter and full year ended December 31, 2024. The company reported a significant increase in net sales, net income, and earnings per share, both on a GAAP and non-GAAP basis. Net sales grew by 32.2% year-over-year to $1,334 million, while net income surged to $163 million with earnings per diluted share at $3.14. Non-GAAP net income and earnings per diluted share were $208 million and $4.00, respectively. The company also saw a substantial rise in adjusted EBITDA and organic net sales growth. Zebra Technologies provided outlook for the first quarter and full year 2025, expecting continued growth in net sales and earnings per share.
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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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