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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 (NASDAQ: ZBRA) released its 14th Annual Global Shopper Study, revealing a significant trust gap between retailers and shoppers. While 55% of retailers believe they are trusted to fulfill online orders, only 38% of shoppers agree. Retailers are responding by enhancing labor and supply chain capabilities. Two-thirds of shoppers prefer in-store experiences but want to exit quickly, with 73% favoring home delivery over in-store pick-ups. Retail decision-makers are prioritizing efficient online order processing as 70% plan to deploy technology to meet customer expectations.
Zebra Technologies reported strong third-quarter results for 2021, with net sales of $1,436 million, a 26.9% year-over-year increase. Net income surged by 71.6% to $199 million, with diluted earnings per share reaching $3.69, up 70.8%. Adjusted EBITDA rose 35.7% to $312 million, reflecting robust demand and effective supply chain management. The company anticipates 8% to 12% growth in adjusted net sales for Q4 2021, driven by sustained demand despite supply challenges.
Zebra Technologies (NASDAQ: ZBRA) has launched a new fulfillment solution featuring three autonomous mobile robots (AMRs) and an advanced FetchCore software package. This innovative system aims to enhance fulfillment operations by streamlining order picking and automating material transport in warehouses. The AMRs are designed to increase productivity by up to three times and operate 50% faster than existing options. The software allows on-demand workflow modifications and integrates with existing warehouse systems, further improving efficiency and safety in logistics.
Zebra Technologies Corporation (NASDAQ: ZBRA) will announce its third quarter 2021 financial results on November 2, 2021. A conference call is scheduled for the same day at 7:30 a.m. CT (8:30 a.m. ET) to discuss these results. Investors can access the live webcast through the company's website, and the presentation will be recorded for future viewing. Zebra empowers enterprises across multiple sectors, maintaining a strong market position with innovative solutions and extensive partnerships.
Zebra Technologies Corporation (NASDAQ: ZBRA) has successfully finalized its acquisition of antuit.ai, a leading provider of AI-powered SaaS solutions for forecasting and merchandising in the retail and consumer packaged goods sectors. This strategic acquisition aims to enhance Zebra's capabilities in offering advanced analytics and decision-making tools, supporting businesses in optimizing inventory and improving customer experiences. The integration is expected to increase market competitiveness and drive future growth.
The ioXt Alliance has certified 28 rugged Android devices from Zebra Technologies, reinforcing the company's commitment to security, upgradability, and transparency. This certification aligns with ioXt's standards, ensuring that each device meets stringent security guidelines. Zebra now holds the largest portfolio of ioXt-certified enterprise-grade mobile devices, catering to various sectors including military, retail, and healthcare. All devices are also certified by Google Mobile Services and meet additional compliance standards, enhancing Zebra's position in the competitive IoT market.
Zebra Technologies Corporation (NASDAQ: ZBRA) celebrates its 30th anniversary as a public company by donating a total of US$30,000 to charities selected by its PartnerConnect members. Each of the six winning partners, chosen for their efforts in supporting front-line workers during the pandemic, will receive US$5,000 for their chosen charity. Zebra's ongoing commitment to corporate social responsibility is underscored by its charitable initiatives, which aim to positively impact local communities.
Zebra Technologies Corporation (NASDAQ: ZBRA) will present virtually at the J.P. Morgan 12th Annual U.S. All Stars Conference on Thursday, September 23, 2021, at 11:00 a.m. Central Time. Investors can access the live webcast via the company's investor relations website, with a replay available for a limited time. Zebra, a leader in enterprise solutions, enhances performance across multiple sectors, including retail and healthcare, and has over 10,000 partners in 100 countries. They were recognized in the Forbes Global 2000 and Fast Company’s Best Companies for Innovators.
Zebra Technologies Corporation (NASDAQ: ZBRA) has released its "Smarter, More Connected Hospitals" global report indicating a strong commitment among healthcare providers to invest in advanced technology solutions. The survey reveals that 89% of decision-makers emphasize the importance of real-time intelligence for patient care, with many planning to automate workflows within the next year. However, 67% of executives feel their organizations are underinvesting in technology to maximize efficiency. The report highlights a focus on integrating IoT, RTLS, and AI to enhance patient care and streamline operations.
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