Why Is Zebra Technologies Stock Shooting Higher Thursday?



Zebra Technologies Corp (NASDAQ:ZBRA) reported a fourth-quarter FY23 net sales decline of 32.9% year-on-year to $1.01 billion, beating the consensus of $999.36 million

The adjusted EPS of $1.71 beat the consensus of $1.66. The stock price moved higher after the results.

Consolidated organic net sales for the quarter decreased by 33.1% Y/Y. 

Net sales in the Enterprise Visibility & Mobility (EVM) segment fell 32.8% Y/Y to $663 million. The net sales of the Asset Intelligence and …

Full story available on Benzinga.com


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