secwatch.observer — SEC 8-K summary
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Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0000877212-22-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zebra Q1 sales up 6.3% to $1.43B; EPS falls to $3.83; cuts FY22 EBITDA margin guide to 22-23%
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- Net sales $1,432M (+6.3% YoY); GAAP diluted EPS $3.83 vs $4.22; Non-GAAP EPS $4.01 vs $4.79.
- EVM segment sales $1,038M (+11.6% organic); AIT segment $394M (-8.1% organic).
- Adjusted EBITDA margin 19.9% (down 540bps); Q2 guide: margin ~20-21%, Non-GAAP EPS $4.05-$4.35.
- FY2022 adjusted net sales growth reaffirmed 3-7%; EBITDA margin cut to 22-23%; $200M premium supply chain costs expected.
- Acquisition of Matrox Imaging (machine vision) expected to close mid-2022; excluded from guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721222000038/0000877212-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721222000038/zbra-20220503.htm
  HTML page:      https://secwatch.observer/filing/0000877212-22-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer