earnings
confidence high
sentiment positive
materiality 0.85
Zebra Q3 net sales $1.255B (+31% YoY); non-GAAP EPS $3.49 vs $0.87; raises FY outlook
ZEBRA TECHNOLOGIES CORP
2024-Q3 EPS reported
$7.04
revenue$3,647,000,000
- Net sales $1,255M (up 31.3% YoY); net income $137M ($2.64 diluted EPS) vs net loss of $15M.
- Non-GAAP diluted EPS $3.49, up 301% YoY; Adjusted EBITDA $268M (21.4% margin) vs $111M.
- EVM segment sales $845M (+34% YoY); AIT segment sales $410M (+27% YoY).
- Completed restructuring: $120M annualized net savings, $110M realized to date.
- Q4 guidance: sales growth 28-31% YoY, Adj EBITDA margin ~22%, non-GAAP EPS $3.80-$4.00; FY free cash flow at least $850M.