secwatch.observer — SEC 8-K summary
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Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000877212-24-000026
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zebra Q4 2023 net sales $1,009M (-33% YoY); net income $17M (-91%); Q1 guidance sales decline 17-20%
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- Q4 net sales $1,009M, down 32.9% YoY; net income $17M ($0.31 diluted EPS), down 91.3%.
- Non-GAAP diluted EPS $1.71, down 64% YoY; adjusted EBITDA $155M (15.4% margin).
- Expanded cost reduction plans now targeting $120M annualized net savings (up from $100M).
- Q1 2024 guidance: net sales decline 17-20% YoY; non-GAAP diluted EPS $2.30-$2.60.
- Full-year 2024 net sales expected -1% to +3% YoY; free cash flow at least $550M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000026/0000877212-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000026/zbra-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000877212-24-000026

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