Zebra Technologies Corporation - ZBRA STOCK NEWS

Zebra Technologies Corporation (NASDAQ: ZBRA) announced the launch of its PartnerConnect Location and Tracking Specialization, aimed at enhancing RFID and real-time location systems (RTLS) solutions for partners. This initiative provides resellers with essential tools for sales and deployment, recognizing their expertise in these technologies. Qualified partners gain access to benefits such as pre-qualified leads, growth incentives, and marketing support. Zebra has been recognized as a leader in the 2022 Gartner Magic Quadrant for Indoor Location Services for three consecutive years.

Zebra Technologies (NASDAQ: ZBRA) announced the integration of its MotionWorks Enterprise data with ServiceNow's Hardware Asset Management (HAM) solution. This collaboration enables organizations in sectors such as transportation, logistics, retail, and healthcare to track their physical assets, improving operational workflows. By using technologies like RFID and Bluetooth Low-Energy, the platform enhances asset visibility and lifecycle management, offering businesses actionable insights for better decision-making. The integration empowers organizations to align physical assets with business objectives.

Zebra Technologies Corporation (NASDAQ: ZBRA) partners with Bespoke Manufacturing Company (BMC) to enhance manufacturing efficiency through its Fetch robotics and fixed scanners. This solution improves workflow visibility from fabric cutting to shipping, enabling BMC to scale operations to meet increasing demand. BMC's President noted substantial labor savings, allowing for job retention in the U.S. The integrated technology frees up human resources for higher-value tasks, ensuring a safer, more productive environment.

Zebra Technologies (NASDAQ: ZBRA) has achieved Great Place to Work Certified™ status, reflecting positive employee feedback. 83% of participating employees consider Zebra a great workplace, significantly higher than the U.S. average. Key strengths include fair treatment, welcoming atmosphere, and employee pride. This recognition underscores Zebra's commitment to fostering a supportive environment. The award is based on real-time employee reports, emphasizing ongoing dedication to workplace culture and employee experiences.

Zebra Technologies Corporation (NASDAQ: ZBRA) has set ambitious emissions reduction targets validated by the Science Based Targets initiative (SBTi). The company aims for a 50% reduction in absolute scopes 1 and 2 greenhouse gas emissions by 2030, using 2020 as a baseline. Additionally, it targets a 15% reduction in scope 3 emissions from purchased goods and services. Zebra's efforts align with the Paris Agreement to limit global warming to 1.5°C. The company emphasizes its commitment to sustainability through investments in climate initiatives and collaboration with various stakeholders.

Zebra Technologies reported second-quarter 2022 net sales of $1,468 million, up 6.6% year-over-year, while posting a net loss of $98 million or $1.87 per diluted share, mainly due to $372 million in settlement costs. Adjusted EBITDA fell 1.2% to $321 million, with an adjusted gross margin of 46.0%. The company maintains its sales outlook for the year, predicting Q3 adjusted net sales growth of 2% to 4%. Despite elevated supply chain costs, Zebra sees potential in expansion markets and expects free cash flow to exceed $650 million.