Tue, May 10, 6:33 AM
Mon, May 9, 5:30 PM| Mon, May 9, 5:30 PM | 1 Comment
Thu, Feb. 25, 12:48 PM
Thu, Feb. 25, 12:00 PM
- In addition to missing Q4 sales estimates (while beating on EPS), Zebra Technologies (ZBRA -13.3%) is guiding for Q1 revenue to be flat to down 3% Y/Y and EPS of $1.19-$1.34, below a consensus for 1.4% revenue growth and EPS of $1.37.
- Full-year sales guidance is for 1%-4% growth vs. a 3.5% consensus. Adjusted EBITDA margin is expected to rise to 17%-18% from 2015's 16.6%.
- Excluding purchase accounting adjustments, GAAP gross margin fell 150 bps Y/Y in Q4 to 45.1%, something Zebra attributes to mix changes caused by the acquisition Motorola Solutions' enterprise hardware unit. Boosting EPS: Operating expenses (lifted by the Motorola deal) rose 12% to $405.5M, less than revenue growth of 21%.
- Zebra ended 2015 with $192M in cash and $3B in long-term debt. The company expects to pay down at least $300M in debt in 2016.
- Zebra's Q4 results, earnings release
Thu, Feb. 25, 6:34 AM
Wed, Feb. 24, 5:30 PM
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Tue, Feb. 16, 3:05 PM
- Plenty of tech companies are posting outsized gains on a day the Nasdaq is up 2%. Not surprisingly, many of the standouts are companies that have been hammered since New Year's.
- Notable gainers include action camera leader GoPro (GPRO +12.9%) and GoPro video processor supplier Ambarella (AMBA +6.2%), threat-prevention tech provider FireEye (FEYE +11.2%), supercomputer maker Cray (CRAY +19.5%), chip packaging/testing firm ChipMOS (IMOS +17.8%), point-of-sale hardware/software firm NCR (NCR +9.7%), Web hosting/domain registration firm GoDaddy (GDDY +9%), and driver-assistance system provider Mobileye (MBLY +7.4%). FireEye fell on Friday in the wake of its Q4 report.
- Other big gainers: RF chipmakers Skyworks (SWKS +6.4%) and Qorvo (QRVO +8.9%), 4G modem/M2M module maker Sierra Wireless (SWIR +8%), microcontroller/flash memory maker Cypress Semi (CY +7.5%), microphone maker Knowles (KN +8%), inventory-tracking hardware firm Zebra Technologies (ZBRA +8.5%), cloud HR software firm Paylocity (PCTY +7.8%), cloud collaboration/chat software firm Atlassian (TEAM +10.5%), touch controller/display driver vendor Synaptics (SYNA +7.8%), and online P2P lender LendingClub (LC +14.2%). LendingClub rallied last week after posting a Q4 beat and announcing a $150M buyback.
- Previously covered: Solar stocks, Chinese tech stocks, Groupon, Sonus, Black Box, Canadian Solar, Palo Alto Networks, Qualcomm
Dec. 21, 2015, 1:58 PM
- C.J. Desai, president of EMC's Emerging Technologies unit and before that a Symantec EVP, has joined Zebra Technologies' (ZBRA +2%) board. The board now has nine members.
- Chairman Michael Smith: "[C.J.] has extensive experience making and integrating technology acquisitions, and his deep technology background in software-driven applications and solutions strengthens Zebra's role as trusted advisor to our clients who are focused on these major trends. CJ ... brings vision, insight and experience in some of our key vertical markets and in security, a foundational element to the stable growth of the IoT and enterprise asset intelligence."
- Zebra's board bio page
Nov. 16, 2015, 3:49 PM
- CFO Michael C. Smiley bought 1,400 Zebra Technologies (NASDAQ:ZBRA) shares last Thursday at $73.26. Global sales SVP Joe Heel bought 1,328 shares at $75.57.
- The purchases came with the handheld computer/inventory-tracking hardware firm trading far below a June high of $119.47. Shares tumbled last week after Zebra posted mixed Q3 results (revenue missed, EPS beat) and offered soft Q4 guidance.
Nov. 10, 2015, 6:33 AM
- Zebra Technologies (NASDAQ:ZBRA): Q3 EPS of $1.39 beats by $0.16.
- Revenue of $916.27M (+202.1% Y/Y) misses by $2.22M.
Nov. 9, 2015, 5:30 PM
Aug. 12, 2015, 5:20 PM
- After crashing yesterday due to a Q2 EPS miss (revenue beat) and soft Q3 EPS guidance (revenue guidance was in-line), Zebra Technologies (NASDAQ:ZBRA) rose 4.5% today with the help of an upgrade to Outperform from Baird's Richard Eastman.
- Eastman defended Zebra's strategy of pricing its hardware aggressively (thereby hurting near-term earnings) to gain share, noting it recently won two major retail contracts for its handheld computers while competing against consumer-grade devices.
- Zebra currently goes for 12x a 2016 EPS consensus of $7.09 (reduced from $7.23 before earnings). Over $50/share in net debt is on the balance sheet.
Aug. 11, 2015, 1:20 PM
- In addition to missing Q2 EPS estimates (while beating on revenue), Zebra Technologies (NASDAQ:ZBRA) is guiding for Q3 EPS of $1.10-$1.35, below a $1.41 consensus. Revenue guidance of $900M-$930M is in-line with a $916M consensus.
- Weighing on Q2 EPS: Gross margin fell to 44.2% from Q1's 45.8% and Q2 2014's 49.3%. Zebra blames the Y/Y drop on forex, purchase accounting adjustments, and the acquisition of Motorola Solutions' enterprise unit - the Motorola products collectively sport a lower GM.
- Product revenue totaled $796.9M, and software/services revenue $127.8M. GAAP operating expenses amounted to $406.7M. Zebra ended Q2 with $205M in cash and (thanks to the Motorola deal) $3B in debt.
- Q2 results, PR
Aug. 11, 2015, 12:45 PM
Aug. 11, 2015, 6:31 AM
- Zebra Technologies (NASDAQ:ZBRA): Q2 EPS of $1.05 misses by $0.13.
- Revenue of $889.77M (+208.5% Y/Y) beats by $4.42M.
- Shares +1.78% PM.
Aug. 10, 2015, 5:30 PM
Zebra Technologies Corp. designs, manufactures and sells products including: enterprise mobile computers; advanced data capture devices such as laser, 2D and RFID scanners and readers; WLAN products; specialty printers for barcode labeling and personal identification; real-time location... More
Industry: Computer Peripherals
Country: United States
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