earnings
confidence high
sentiment negative
materiality 0.80
Zebra Q3 net sales $1.378B (-4% YoY); GAAP EPS $3.26, Non-GAAP $4.12; Q4 guidance weak
ZEBRA TECHNOLOGIES CORP
2022-Q3 EPS reported
$5.25
revenue$4,278,000,000
- Net sales $1,378M, down 4.0% YoY; GAAP net income $170M ($3.26 diluted EPS).
- Non-GAAP diluted EPS $4.12, down 9.5% YoY; adjusted EBITDA $291M (21.1% margin).
- EVM segment sales $963M (organic -8.8% YoY); AIT segment $415M (organic +12.4%).
- Q4 guidance: adjusted net sales change -2% to +1%; non-GAAP EPS $4.50-$4.80.
- Free cash flow forecast at least $400M; cites supply chain issues and large project deferrals.