---
schema_version: "secwatch.filing_event.v1"
accession: "0000877212-24-000061"
form_type: "8-K"
ticker: "ZBRA"
cik: "0000877212"
company_name: "ZEBRA TECHNOLOGIES CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:10:57.767371+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zebra Q1 net sales down 16.4% to $1.175B; non-GAAP EPS $2.84; raises FY2024 outlook

## Summary
- Net sales $1,175M, down 16.4% YoY; EVM segment $783M (-11.8% organic), AIT $392M (-25.3% organic).
- Net income $115M ($2.23 diluted EPS); non-GAAP diluted EPS $2.84, down 27.9% from $3.94.
- Adjusted EBITDA $234M (19.9% margin) vs $301M (21.4%) a year ago.
- Cost initiatives on track: $120M annualized savings target; $50M realized in 2023, $25M in Q1 2024.
- FY2024 guidance raised: net sales growth 1-5%, non-GAAP EPS $11.25-$12.25, free cash flow ≥$600M.

## SEC filing metadata
- accession: 0000877212-24-000061
- form_type: 8-K
- ticker: ZBRA
- cik: 0000877212
- company_name: ZEBRA TECHNOLOGIES CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877212/000087721224000061/0000877212-24-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877212/000087721224000061/zbra-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877212-24-000061
- JSON: https://secwatch.observer/filing/0000877212-24-000061.json
- Plain text: https://secwatch.observer/filing/0000877212-24-000061.txt

## Key facts
- Earnings Releases
  ZEBRA TECHNOLOGIES CORP reported first quarter ended March 30, 2024 results: revenue $1,175 million, net income $115 million, EPS $2.23 per diluted share. Guidance raised.
  - Period: first quarter ended March 30, 2024
  - Revenue: $1,175 million
  - Net income: $115 million
  - EPS: $2.23 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Overlook Point Lincolnshire, IL 60069 USA +1 847 634 6700 www.zebra.com Zebra Technologies Announces First-Quarter 2024 Results First-Quarter Financial Highlights • Net sales of $1,175 million; year-over-year decrease of 16.4% • Net income of $115 million and net income per diluted share of $2.23 • Non-GAAP diluted EPS decreased year-over-year to $2.84 • Adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721224000061/0000877212-24-000061-index.htm

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