secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000877212-22-000106
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zebra Q2 net loss $98M on $372M settlement; non-GAAP EPS up 0.9% to $4.61
-------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721222000106/0000877212-22-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721222000106/zbra-20220802.htm
  HTML page:      https://secwatch.observer/filing/0000877212-22-000106

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