secwatch.observer — SEC 8-K summary
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Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000877212-23-000141
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/0000877212-23-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721223000141/zbra-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000877212-23-000141

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