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Zebra Technologies Corporation (NASDAQ: ZBRA) is a global leader in providing innovative tracking technology and solutions that transform physical elements into digital insights. Specializing in automatic identification and data capture (AIDC) technology, Zebra’s diverse product portfolio includes barcode printers and scanners, mobile computers, and sophisticated workflow optimization software.
Zebra's solutions are designed to give unprecedented visibility into businesses, offering real-time insights into the location and condition of products, assets, and people. This real-time data empowers businesses to make more informed decisions, enhance operational efficiency, and respond quickly to changing conditions. Zebra primarily serves sectors such as retail, transportation logistics, manufacturing, and healthcare, providing tailored solutions to meet the unique needs of each market.
Recent achievements include advancements in RFID technology, partnerships with leading tech companies, and the launch of new products designed to improve asset tracking and management. Financially, Zebra Technologies continues to demonstrate robust performance, with continuous revenue growth and solid market presence.
By integrating physical assets with digital technology, Zebra Technologies helps organizations understand their operations in depth and optimize their workflows for better performance and profitability.
Zebra Technologies Corporation (NASDAQ: ZBRA) will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 6, 2023, at 10:25 a.m. Pacific Time. Interested parties can access a live webcast of the presentation on the company’s website, where an archive will also be available for later viewing.
Zebra enhances organizational efficiency by providing visibility and connectivity for front-line workers and assets. With over 10,000 partners globally, Zebra serves various clients, including 86% of the Fortune 500. Recent acquisitions have expanded its capabilities in industrial automation and software.
Zebra Technologies Corporation (NASDAQ: ZBRA) reported $1,503 million in net sales for Q4 2022, up 2.5% year-over-year, while net income decreased 2.6% to $186 million. The non-GAAP EPS rose 4.6% to $4.75 and adjusted EBITDA increased 6.0% to $338 million. Despite a healthy order backlog, the company anticipates a net sales decline of -4% to -1% for Q1 2023 due to foreign currency impacts. Full-year expectations show a 3% decline to 1% growth versus 2022. The company emphasized its resilience in a challenging macro environment, attributing growth to the Americas and ongoing strategic innovations.
On February 15, 2023, Third Wave Automation (TWA) announced a strategic investment of $70 million from Qualcomm Ventures and Zebra Technologies. This funding aims to enhance TWA's high-reach autonomous forklift solutions and expand its pilot program. The investment will accelerate product innovations and market offerings, including automation solutions for other forklift classes. TWA Reach, a versatile forklift designed for warehouse efficiency, offers four deployment modes and has shown to improve throughput and safety during pilot tests. TWA plans to demonstrate its technology at ProMat 2023 in March.
Zebra Technologies Corporation (NASDAQ: ZBRA) has renewed its partnership with the National Football League (NFL) as the Official Real Time Location Solutions Provider through the 2025 football season. This collaboration, ongoing since 2015, enhances the NFL's Next Gen Stats analytics, transforming how fans, teams, and broadcasters engage with the sport. Zebra's MotionWorks™ tracking technology captures player metrics in real-time, providing insights for better coaching and fan experiences. The upcoming details of this partnership will be revealed during a press conference at Super Bowl LVII on February 8, 2023.
Zebra Technologies Corporation (NASDAQ: ZBRA) will report its fourth quarter and full year 2022 financial results on February 16, 2023. A conference call will be held at 7:30 a.m. CT (8:30 a.m. ET) to discuss the results, accessible via a live webcast on the company's investor relations page. Zebra continues to innovate in the enterprise solutions space, serving over 86% of the Fortune 500. With an extensive partner ecosystem and recent acquisitions enhancing its automation capabilities, the company aims to improve operational efficiencies for its clients.
Zebra Technologies Corporation (NASDAQ: ZBRA) has launched an Advanced Tier in its Machine Vision Specialization program, targeting manufacturing and warehousing operators. This tier offers partners access to a more advanced machine vision portfolio featuring specialized products from the acquisition of Matrox Imaging. The initiative aims to enhance automation and quality control solutions for customers, helping them improve efficiency. Additionally, Zebra is supporting partners with learning resources for better adaptation to the latest technology advancements.
Zebra Technologies (NASDAQ: ZBRA) introduced The Modern Store framework at the NRF Annual Convention aimed at enhancing retail operations. The initiative focuses on engaging store associates, optimizing inventory, and improving customer experiences. With over 10,000 partners globally, Zebra emphasizes a comprehensive approach to modern retail needs.
Key features include advanced communication tools and streamlined task management. The Modern Store aims to address pain points retailers face in the post-pandemic landscape, ultimately driving productivity and customer satisfaction.
Zebra Technologies Corporation (NASDAQ: ZBRA) has been recognized as a top software vendor by the Retail Information Systems (RIS) 2023 Software LeaderBoard, ranking sixth overall and achieving top positions in multiple categories for the fourth consecutive year.
The company ranked #1 in the Department Store and Mass Merchant Vendor Leaders category and secured eight top-three placements across 24 categories, reflecting its commitment to enhancing retail solutions amid evolving market demands.
Zebra Technologies (NASDAQ: ZBRA) announced advancements in connected automation solutions aimed at enhancing warehouse productivity by up to 2.5x and reclaiming 15% of storage space.
Key developments include the deployment of Fetch AMRs at Waytek, improving efficiency and worker satisfaction. Zebra's AMRs include the FlexShelf and RollerTop Guide models, designed to optimize operations. The company continues to invest in robotics automation and has expanded its partner network, reinforcing its position in the sector.
Zebra Technologies has been ranked #23 among the top 58 large employers globally in the 2023 Best Places to Work in IT list by Computerworld. This recognition highlights Zebra's commitment to a positive work environment, emphasizing benefits, career development, and diversity. This marks the fourth acknowledgment in five years for their talent management strategy.
Zebra's unique training initiatives include a three-year rotational development program and access to Agile workshops, reinforcing their dedication to employee success and engagement.
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