Zebra Technologies Announces Second-Quarter 2021 Results

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Zebra Technologies (ZBRA) PT Raised to $600 at Needham & Company

August 4, 2021 6:28 AM EDT

Needham & Company analyst James Ricchiuti raised the price target on Zebra Technologies (NASDAQ: ZBRA) to $600.00 (from $580.00) while maintaining a Buy rating.

The analyst commented, "ZBRA delivered another strong beat-and-raise quarter yesterday, with revenue coming in above the high end of guidance and 2% above... More

Zebra Technologies (ZBRA) Tops Q2 EPS by 46c

August 3, 2021 6:33 AM EDT

Zebra Technologies (NASDAQ: ZBRA) reported Q2 EPS of $4.57, $0.46 better than the analyst estimate of $4.11. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.35 billion.

"Our exceptional second quarter performance was driven by continued broad-based demand for our solutions and excellent operational execution. Despite ongoing industry-wide supply chain challenges, our team met customers mission critical needs, while delivering record sales and profitability that exceeded our outlook, said Anders Gustafsson, Chief Executive Officer of Zebra Technologies. While we continue to see extended lead times for certain... More