earnings
confidence high
sentiment negative
materiality 0.85
Zebra Q2 net loss $98M on $372M settlement; non-GAAP EPS up 0.9% to $4.61
ZEBRA TECHNOLOGIES CORP
2022-Q2 EPS reported
$2.02
revenue$2,900,000,000
- Net sales $1,468M (+6.6% YoY); organic growth 6.9%; EVM +5.6%, AIT +9.7%.
- GAAP net loss per diluted share $(1.87) includes $372M settlement charge; non-GAAP EPS $4.61 (+0.9% YoY).
- Adjusted EBITDA $321M (21.9% margin) down 1.2% YoY; supply chain costs and FX headwinds noted.
- Q3 outlook: adj. net sales +2-4% YoY; non-GAAP EPS $4.35-$4.65; FY22 adj. net sales growth narrowed to 4-6%.
- Debt refinanced with $3.25B credit facility; Matrox acquired for $875M; $605M in share repurchases in H1.