Zebra Technologies Corporation - ZBRA STOCK NEWS

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.

Zebra Technologies Corporation (NASDAQ: ZBRA) will present virtually at Nasdaq’s 43rd Investor Conference on December 4, 2020, at 7:30 a.m. EST. Investors can tune in through the company’s investor relations website. Zebra empowers industries like retail, manufacturing, and healthcare by offering tailored solutions to enhance operational efficiency. With over 10,000 partners worldwide, Zebra continues to innovate, achieving recognition in Forbes Global 2000 and Fast Company’s Best Companies for Innovators lists in 2020. For more details, visit www.zebra.com.

Zebra Technologies Corporation (NASDAQ: ZBRA) will present at the Stephens Annual Investment Conference on November 19, 2020, at 9:00 a.m. EST. The event will be held virtually, allowing investors to access the presentation through the investor relations section of the company's website.

Zebra is a leader in providing innovative solutions across various sectors, including retail, manufacturing, and healthcare. The company is recognized for its performance-enhancing technologies and has over 10,000 partners in 100 countries.

Zebra Technologies Corporation (NASDAQ: ZBRA) announced the launch of its Zebra Enterprise Browser application, now available for trial on the SAP App Center. This mobile browser integrates with SAP S/4HANA, providing built-in security and administrative controls, which can enhance productivity by simplifying application development and device upgrades. The application allows developers to leverage device features like barcode scanning and printing within web applications. Zebra's status as an SAP silver partner supports their commitment to creating innovative solutions.

Zebra Technologies has been recognized as a Leader in the 2020 IDC MarketScape report for Rugged Mobile Devices, highlighting its extensive range of rugged devices and strong enterprise software solutions. The report commended Zebra for its in-house developed security solutions and tiered device offerings that cater to various industry needs. Zebra's Android devices feature the LifeGuard security solution, ensuring updates for up to 10 years. This recognition underscores Zebra's commitment to innovation in hardware and software, positioning it as a key player in the rugged mobile device market.

Zebra Technologies Corporation (NASDAQ: ZBRA) reported its Q3 2020 results, revealing net sales of $1,132 million, a slight increase from $1,130 million in Q3 2019. The company's gross profit decreased by 7.9% to $493 million, with a gross margin of 43.6%. Net income fell by 14.7% to $116 million, translating to $2.16 per diluted share. Despite challenges, demand from large customers remains robust, and the company anticipates a 3% to 7% increase in Q4 adjusted net sales. Free cash flow is projected at over $650 million for FY 2020.