Zebra Technologies (ZBRA) Reports In-Line Q2 EPS; Issues Mixed Q3 Outlook
Zebra Technologies (NASDAQ: ZBRA) reported Q2 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $253.2 million versus the consensus estimate of $251 million.
Zebra Technologies sees Q3 2013 EPS of $0.61-$0.71, versus the consensus of $0.74. Zebra Technologies sees Q3 2013 revenue of $253-263 million, versus the consensus of $258.2 million.
"In a quarter still challenged by uneven global business conditions, we won more business with strategic customers in targeted industries and delivered a broader range of products and solutions to a more diversified customer base," stated Anders Gustafsson, Zebra's chief executive officer. "During the quarter, the cadence of our product development activities remained high, with the recent introductions of our ZXP Series 1 and updated ZXP Series 3 card printers, and our EM220 II wireless mobile receipt printer. We also accelerated investments to introduce innovative Internet of Things products and solutions to serve customers in sports and entertainment. Our recently launched Zebra Commerce™ brand will help us to more effectively deliver the broad suite of Zebra products and services to customers in the retail and field service industries. We look to the second half of 2013 with optimism about making further progress on our strategic initiatives and building greater value for our shareholders."
For earnings history and earnings-related data on Zebra Technologies (ZBRA) click here.
Zebra Technologies sees Q3 2013 EPS of $0.61-$0.71, versus the consensus of $0.74. Zebra Technologies sees Q3 2013 revenue of $253-263 million, versus the consensus of $258.2 million.
"In a quarter still challenged by uneven global business conditions, we won more business with strategic customers in targeted industries and delivered a broader range of products and solutions to a more diversified customer base," stated Anders Gustafsson, Zebra's chief executive officer. "During the quarter, the cadence of our product development activities remained high, with the recent introductions of our ZXP Series 1 and updated ZXP Series 3 card printers, and our EM220 II wireless mobile receipt printer. We also accelerated investments to introduce innovative Internet of Things products and solutions to serve customers in sports and entertainment. Our recently launched Zebra Commerce™ brand will help us to more effectively deliver the broad suite of Zebra products and services to customers in the retail and field service industries. We look to the second half of 2013 with optimism about making further progress on our strategic initiatives and building greater value for our shareholders."
For earnings history and earnings-related data on Zebra Technologies (ZBRA) click here.