---
schema_version: "secwatch.filing_event.v1"
accession: "0000877212-23-000141"
form_type: "8-K"
ticker: "ZBRA"
cik: "0000877212"
company_name: "ZEBRA TECHNOLOGIES CORP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:18:54.548142+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Zebra Q3 net sales down 30.6% to $956M, net loss $15M, guides Q4 sales down 32-36%

## Summary
- Net sales $956M, down 30.6% YoY; net loss $15M ($0.28 loss per diluted share).
- Non-GAAP diluted EPS $0.87, down from $4.12; adjusted EBITDA margin 11.6% vs 21.1% prior year.
- Cost reduction plans now expected to deliver $100M annualized net savings, up from $85M.
- Q4 2023 guidance: net sales decline 32-36% YoY, non-GAAP EPS $1.40-$1.80.
- Free cash flow negative $193M for first nine months; expects positive in H2 but negative full year including $180M settlement payments.

## SEC filing metadata
- accession: 0000877212-23-000141
- form_type: 8-K
- ticker: ZBRA
- cik: 0000877212
- company_name: ZEBRA TECHNOLOGIES CORP
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/0000877212-23-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/zbra-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877212-23-000141
- JSON: https://secwatch.observer/filing/0000877212-23-000141.json
- Plain text: https://secwatch.observer/filing/0000877212-23-000141.txt

## Key facts
- Earnings Releases
  ZEBRA TECHNOLOGIES CORP reported the third quarter ended September 30, 2023 results: revenue $956 million, net income Net loss of $15 million, EPS $(0.28) per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $956 million
  - Net income: Net loss of $15 million
  - EPS: $(0.28) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Overlook Point Lincolnshire, IL 60069 USA +1 847 634 6700 www.zebra.com Zebra Technologies Announces Third-Quarter 2023 Results 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/0000877212-23-000141-index.htm
- Earnings Releases
  ZEBRA TECHNOLOGIES CORP reported fourth quarter 2023 results: EPS Non-GAAP diluted earnings per share are expected to be in the range of $1.40 to $1.80. Guidance initiated.
  - Period: fourth quarter 2023
  - EPS: Non-GAAP diluted earnings per share are expected to be in the range of $1.40 to $1.80
  - Guidance: initiated
  - Result: guidance update
  source text: Non-GAAP diluted earnings per share are expected to be in the range of $1.40 to $1.80.
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/0000877212-23-000141-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.