Zebra Technologies Announces First-Quarter 2020 Results

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Go back to Zebra Technologies Announces First-Quarter 2020 Results

Zebra Technologies (ZBRA) Tops Q1 EPS by 3c, Offers Q2 Guidance, Withdraws FY20 Guidance

April 28, 2020 6:35 AM EDT

Zebra Technologies (NASDAQ: ZBRA) reported Q1 EPS of $2.67, $0.03 better than the analyst estimate of $2.64. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.07 billion.

GUIDANCE:

Zebra Technologies sees Q2 2020 EPS of $2.10-$2.50, versus the consensus of $1.76.

The company expects second-quarter 2020 net sales to decrease approximately 11% to 17% from the second quarter of 2019 due to an anticipated... More