Welcome to our dedicated page for Zebra Technologies Corporation news (Ticker: ZBRA), a resource for investors and traders seeking the latest updates and insights on Zebra Technologies Corporation stock.
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) announced its intention to acquire Fetch Robotics, a leader in on-demand automation, for $290 million. This acquisition aims to enhance Zebra’s Enterprise Asset Intelligence strategy and bolster its position in intelligent industrial automation. Fetch's Autonomous Mobile Robots (AMRs) improve efficiency in warehouses and manufacturing, supporting labor shortages. The deal is expected to close in Q3 2021, subject to regulatory approval, and aims to increase synergies and revenue growth in the automation sector.
Zebra Technologies (NASDAQ: ZBRA) has achieved STIG validation from the Defense Information Systems Agency (DISA), allowing U.S. military agencies to procure 28 Android 10-based mobile devices for use on DoD networks. This validation enhances Zebra's reputation for security compliance in IT products. The company also holds Common Criteria certification, affirming the capabilities and security of its devices. Zebra's commitment to providing secure mobility solutions is emphasized as the public sector grows significantly, with their Mobility DNA platform enhancing enterprise-level device management and productivity.
Zebra Technologies has successfully partnered with Maverik, a convenience store chain, to implement Reflexis ONE™. This integrated platform will streamline store execution and labor scheduling for over 6,000 employees across 360+ locations. By replacing outdated systems, Maverik aims to enhance operational efficiency and improve customer experience through improved labor forecasting and task management. The collaboration capitalizes on AI-driven insights, simplifying tasks, and ensuring effective workforce management.
Zebra Technologies (NASDAQ: ZBRA) has announced its participation in several upcoming virtual investor conferences. The events include the William Blair 41st Annual Growth Stock Conference on June 2, 2021, the Bernstein 37th Annual Strategic Decisions Conference on June 4, 2021, and the UBS Global Industrials and Transportation Virtual Conference on June 9, 2021. Investors can access live webcasts and archived replays on Zebra's investor relations website.
Zebra enhances visibility and operational efficiency across various sectors, supported by over 10,000 partners globally.
Zebra Technologies (NASDAQ: ZBRA) has entered the fixed industrial scanning and machine vision markets, launching a suite of solutions for track and trace capabilities and quality inspection. Key products include machine vision smart cameras and fixed industrial scanners, powered by the Zebra Aurora software platform. The company also acquired Adaptive Vision, enhancing its machine vision capabilities. These advancements aim to streamline industrial operations and improve productivity. The acquisition is expected to have an immaterial impact on sales and profitability in the short term.
Zebra Technologies Corporation (NASDAQ: ZBRA) announced its participation in the JP Morgan 49th Annual Global Technology, Media and Communications Conference on May 25, 2021, at 9:30 a.m. ET. The event will be available via live webcast on the company's investor relations website, where it will also be archived for future viewing. Zebra is recognized for empowering front-line workers across various industries, enhancing performance through innovative, end-to-end solutions.
Zebra Technologies Corporation (NASDAQ: ZBRA) reported record results for Q1 2021, with net sales reaching $1,347 million, a 28% increase from $1,052 million in Q1 2020. The company saw a significant rise in net income to $228 million ($4.22 per share), up 156% year-over-year. Adjusted EBITDA also rose by 69.7% to $341 million. The outlook for Q2 2021 anticipates a 38%-42% sales increase, driven by global economic recovery and demand. Full-year projections now expect an 18%-22% sales increase, with free cash flow anticipated to be at least $850 million.
Zebra Technologies Corporation (NASDAQ: ZBRA) has launched the ZSB Series printer, its first wireless label printing solution aimed at the small office home office (SOHO) market. This printer features eco-friendly, easy-to-load cartridges and a user-friendly mobile app, enabling quick label design and printing. The ZSB Series can be set up in as little as three minutes and is compatible with major e-commerce platforms. Priced from $129.99 in the U.S. and £99 in the U.K., this innovative printer enhances the label printing experience for small business owners.
Reflexis Systems, now part of Zebra Technologies, has been named a Leader in the 2021 WFM Technology Value Matrix by Nucleus Research for the third consecutive year. The recognition highlights the strength of the Reflexis ONE platform in optimizing labor and simplifying processes across various industries including retail and hospitality. Nucleus evaluated 17 WFM solutions, praising Reflexis for its AI-driven technology that enhances labor expenditures and execution processes. The acquisition by Zebra further expands software capabilities to modernize operations.
Zebra Technologies Corporation (NASDAQ: ZBRA) will announce its first quarter 2021 financial results on May 4, 2021. A conference call will follow at 7:30 a.m. CT (8:30 a.m. ET) to discuss the results. Interested parties can access the live webcast on Zebra's investor relations website, where the recording will be archived for one year. Zebra focuses on empowering frontline workers across various industries with tailored solutions that enhance performance and efficiency. In 2020, Zebra achieved recognition in the Forbes Global 2000 and Fast Company’s Best Companies for Innovators.
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