Zebra Technologies (ZBRA) Misses Q1 EPS by 21c

Zebra Technologies (NASDAQ: ZBRA) reported Q1 EPS of $1.01, $0.21 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $847 million versus the consensus estimate of $878.67 million.

Full Year 2016 The company expects full year 2016 net sales, excluding purchase accounting adjustments, to change approximately (3)% to 1% from the comparable net sales of $3,668 million for the full year 2015. This view reflects an expectation of year-over-year growth of (2)% to 2% on a constant currency basis.

Adjusted EBITDA margin is expected to be approximately 17% for the full year 2016.

The company expects to pay down $300 million of debt principal in 2016.

For earnings history and earnings-related data on Zebra Technologies (ZBRA) click here.

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