secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZEBRA TECHNOLOGIES CORP (ZBRA)
CIK:        0000877212
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000877212-24-000149
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zebra Q2 net sales flat, net income down 21.5%; raises FY24 guidance on demand momentum
--------------------------------------------------------------------------------

- Net sales $1,217M, flat YoY; net income $113M ($2.17 diluted EPS) vs $144M ($2.78) YoY.
- Non-GAAP diluted EPS $3.18, down 3.3% YoY; adjusted EBITDA margin 20.5%.
- EVM segment sales +8.2% to $820M; AIT segment -14.4% to $397M.
- FY24 guidance raised: net sales growth 4-7%, non-GAAP EPS $12.30-$12.90, free cash flow ≥$700M.
- Cost savings plan on track; $123M of $130M total charges incurred, $120M annual savings expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000149/0000877212-24-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/877212/000087721224000149/zbra-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000877212-24-000149

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