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 …