Zebra Technologies Corporation Stock Price, News & Analysis

Zebra Technologies (NASDAQ: ZBRA) has been included in the U.S. News & World Report's Best Companies to Work For list for 2024-2025.

The company is recognized for its positive work environment and employee experience, particularly in the Midwest and manufacturing sectors.

Zebra's benefits program includes paid time off, professional development, wellness programs, and an inclusive culture through employee resource groups and mentoring programs.

The U.S. News ratings considered quality of pay, benefits, work-life balance, job stability, and career opportunities among other factors.

This year, the ratings covered 549 companies based on metrics related to employee experience and workplace environment.

Zebra Technologies (NASDAQ: ZBRA) has been named to Newsweek’s list of Global Most Loved Workplaces® for the second consecutive year, ranking #78 among the top 100 companies globally recognized for employee happiness and satisfaction. The recognition is based on employee feedback in areas such as respect, collaboration, and sense of belonging. Zebra's initiatives like the Culture Connect online hub, Culture Champion Network, and GEM (Going the Extra Mile) program contribute to a positive work environment. More than 175 companies and over 3,000 executives were surveyed to develop the findings for the 2024 list.

Zebra Technologies (NASDAQ: ZBRA) announced its participation in the Bernstein 40th Annual Strategic Decisions Conference in New York. The presentation is scheduled for Thursday, May 30, 2024, at 2:30 p.m. Eastern Time. Zebra Technologies, a leader in digital solutions that connect data, assets, and people, will be sharing insights and strategic decisions at this influential event. The live webcast of the presentation can be accessed on the company's investor relations website.

Zebra Technologies announced a $500 million private offering of 6.500% senior unsecured notes due June 1, 2032. The offering is expected to close on May 28, 2024, subject to customary conditions. Zebra plans to use the proceeds to repay its $172 million revolving credit facility and for general corporate purposes, including replenishing cash after repaying its receivables financing facility that matured on May 13, 2024. The notes will be guaranteed by certain domestic subsidiaries and are offered under Rule 144A and Regulation S, targeting qualified institutional buyers and non-U.S. persons. The notes are not registered under the Securities Act of 1933.

Zebra Technologies (NASDAQ: ZBRA) has announced a $500 million private offering of senior unsecured notes due 2032. The proceeds will be used to repay $172 million in outstanding debt under its revolving credit facility as of March 30, 2024, and for general corporate purposes, including replenishing cash after paying off its receivables financing facility maturing on May 13, 2024. The notes will be senior unsecured obligations guaranteed by certain domestic subsidiaries but will not be registered under the Securities Act of 1933 or sold in the U.S. without proper registration or exemption. This offering targets qualified institutional buyers and non-U.S. persons.

Zebra Technologies (NASDAQ: ZBRA) announced the election of Ken Miller to its Board of Directors, effective May 9, 2024. Miller, currently EVP and CFO at Juniper Networks, will join Zebra's Audit Committee. With over 25 years in the tech industry and extensive experience in strategic planning and business transformation, Miller is expected to bring valuable insights to Zebra. His achievements at Juniper include driving sustainable growth, overseeing acquisitions, and enhancing AI advancements. Miller replaces Richard Keyser, who is leaving the Board after 15 years of service.

Zebra Technologies (NASDAQ: ZBRA), a leader in digital solutions, will host an Innovation Day at its Lincolnshire, Ill headquarters. The event, beginning at 1:00 p.m. Central Time, will feature presentations from Zebra's leadership team, detailing how their solutions digitize and automate workflows to drive positive business outcomes. Key topics include Zebra's culture of innovation, its diverse portfolio of solutions and services, industry leadership, and extensive partner ecosystem. CEO Bill Burns emphasized Zebra's 55-year history of innovation and its commitment to transforming workflows to sustain industry leadership and create shareholder value. A Q&A session will follow the presentations, and parts of the event will be available live or as an archived replay on Zebra’s investor website.

Zebra Technologies released the findings of its latest hospital vision study on the importance of digitizing inventory management solutions in hospitals. The study highlighted that 84% of U.S. and UK hospital leaders prioritize integrating automated and digitized inventory tracking systems, recognizing the impact on patient care. Hospital leaders aim to reduce time spent searching for medical assets, prevent canceled procedures due to supply issues, and ensure real-time availability of critical resources.

Zebra Technologies announced new solutions at Automate 2024 to help manufacturers boost visibility, optimize quality, and enhance the workforce in the connected factory. These solutions include industrial automation tools like the Zebra FS42 scanner, 3S Series 3D sensors, and Zebra Symmetry Fulfillment for operational agility.