Zebra Technologies Corporation - ZBRA STOCK NEWS

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.

Zebra Technologies announced that First Tech Federal Credit Union has implemented its Reflexis for Banking solution. This partnership aims to enhance compliance, employee engagement, and customer service in their Experience Centers. The solution will digitize audit processes, improve task management, and streamline branch operations. First Tech, a leading credit union, seeks to leverage Reflexis to gain better insights and optimize resource allocation, ultimately benefiting customer experience and operational efficiency.

Zebra Technologies Corporation (NASDAQ: ZBRA) will disclose its second quarter financial results on August 2, 2022, with a conference call at 7:30 a.m. CT. Investors can access the call via the company’s investor relations website. Zebra, recognized for empowering organizations in the on-demand economy, offers a vast portfolio of solutions that enhance visibility and optimization for frontline workers. The company has expanded its capabilities through acquisitions, including Fetch Robotics, and ranks highly in employee satisfaction.