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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) has been recognized by Gartner, Inc. as a Leader in the February 2021 Magic Quadrant for Indoor Location Services for the second consecutive year. This recognition highlights Zebra's commitment to providing innovative location and tracking solutions that empower businesses to make data-driven decisions. Zebra's MotionWorks solutions enhance operational efficiency and are applicable across various sectors, including manufacturing, healthcare, and retail. The company offers a comprehensive range of real-time location systems designed to optimize business processes.
Zebra Technologies Corporation (NASDAQ: ZBRA) reported a strong fourth quarter for 2020, achieving record sales of $1,308 million, up 9.7% from $1,192 million in Q4 2019. Gross profit increased by 13.6% to $618 million, with a gross margin of 47.2%. Net income rose 17.8% to $199 million, or $3.70 per diluted share. The company anticipates a 25% to 29% increase in adjusted net sales for Q1 2021, driven by economic recovery and increased demand. For the full year 2021, adjusted net sales are expected to rise 10% to 14%.
Zebra Technologies (NASDAQ: ZBRA) will announce its fourth quarter and full year 2020 financial results on February 11, 2021. A conference call will follow at 7:30 a.m. CT to discuss these results, accessible via the company's investor relations website. Zebra offers tailored solutions across various sectors, enhancing visibility and efficiency for businesses globally. The company is recognized for its innovative solutions, having made the Forbes Global 2000 list for the second year in a row and ranked among Fast Company’s Best Companies for Innovators.
Zebra Technologies (NASDAQ: ZBRA) will host its annual Super Bowl press conference on Feb. 3, 2021, from 3:30 to 4:15 p.m. ET. The event will feature representatives from Zebra and the NFL discussing tracking data from the 2020-21 NFL season and advanced statistics for the Super Bowl matchup between the Kansas City Chiefs and Tampa Bay Buccaneers. John Pollard will present insights on player tracking technology, while NFL's Troy Vincent will illustrate how this data supports the league. Zebra continues its partnership with the NFL, enhancing real-time player tracking capabilities.
Zebra Technologies (NASDAQ: ZBRA) has launched its EC5x series of individually assigned mobile computers, designed to enhance productivity and collaboration for front-line workers. These devices resemble consumer smartphones and operate on Android 10, offering enterprise features such as enhanced scanning and a robust software suite. The EC5x series aims to provide a lower total cost of ownership compared to consumer smartphones, while ensuring a longer lifecycle and extensive support. Suitable for various sectors, including retail and healthcare, the EC5x promises to streamline workflows and improve business agility.
Zebra Technologies Corporation (NASDAQ: ZBRA) has appointed Nathan Winters as its new Chief Financial Officer (CFO). Having joined the company in 2018, Winters previously served as Vice President of Corporate Financial Planning & Analysis. His extensive experience includes over 16 years at GE, where he held multiple CFO roles. CEO Anders Gustafsson expressed enthusiasm for Winters' internal promotion, highlighting his strong financial leadership and industry knowledge. Winters aims to enhance Zebra's vision of optimizing asset and workforce utilization while driving shareholder value.
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