Zebra Technologies (ZBRA) Tops Q3 EPS by 6c

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Zebra Technologies Announces Third-Quarter 2023 Results

October 31, 2023 6:30 AM EDT

Third-Quarter Financial Highlights

Net sales of $956 million; year-over-year decrease of 30.6% Net loss of $15 million and net loss per diluted share of $(0.28) Non-GAAP diluted EPS decreased year-over-year to $0.87 Adjusted EBITDA decreased year-over-year to $111 million Previously announced cost reduction plans now expected to drive $100 million annualized net expense savings, an increase from $85 million

LINCOLNSHIRE, Ill.--(BUSINESS... More