Zebra Technologies (ZBRA) to Acquire Reflexis Systems for $575 Million
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Zebra Technologies (ZBRA) Tops Q2 EPS by 13c, Revenues Beat; Offers 3Q EPS Mid-Point Guidance Above Consensus
July 28, 2020 6:32 AM EDTZebra Technologies (NASDAQ: ZBRA) reported Q2 EPS of $2.41, $0.13 better than the analyst estimate of $2.28. Revenue for the quarter came in at $956 million versus the consensus estimate of $939.9 million.
Second-Quarter Financial Highlights
Second-quarter net sales of $956 million; year-over-year decrease of 12.9%Net income of $100 million and net income per diluted share of $1.85, year-over-year decreases of 19.4% and 18.1%, respectivelyNon-GAAP diluted EPS decreased 20.2% year-over-year to $2.41Adjusted EBITDA decreased 24.9% year-over-year to $175 million"In Q2 our teams remained agile and executed very well through the global pandemic. It has been... More
