United States Postal Service Selects Zebra Technologies for Printer Technology Refresh
- Zebra Technologies Corporation has been awarded a contract by the USPS, indicating a strong partnership between the two entities.
- None.
Insights
The contract awarded to Zebra Technologies by the United States Postal Service (USPS) for the supply of ZD411 printers extends through 2028, indicating a long-term commitment that could have significant financial implications for Zebra. The printers will be integral to the USPS's Change of Address Reporting System and Remote Forwarding System applications, which are essential for maintaining accurate mailing addresses and efficient mail forwarding services.
From a market perspective, this contract secures a steady revenue stream for Zebra Technologies and demonstrates the company's competitive edge in providing specialized printing solutions. It also reflects positively on Zebra's reputation for product reliability and innovation, potentially influencing investor perception and stock valuation.
Given the scale of USPS operations, the adoption of Zebra's printers could set a precedent for other postal services and logistics companies worldwide, potentially leading to additional contracts and expansion opportunities for Zebra Technologies in the future.
Analyzing the financial impact of the COARS-RFS printer technology refresh contract, it's important to note that such government contracts are typically reliable sources of income. They often come with predefined purchase volumes and structured payment terms, which can help stabilize Zebra Technologies' cash flow projections and reduce revenue volatility.
Investors should consider the potential positive impact on Zebra's earnings per share (EPS), operating margins and return on investment (ROI), particularly because government contracts may offer higher profit margins due to the scale and security they provide. Additionally, the contract through 2028 provides a clear future revenue visibility, which is a favorable factor for stock market analysts and investors when evaluating Zebra's financial health and growth trajectory.
It will be crucial to monitor Zebra's upcoming financial statements for insights into the contract's contribution to the company's overall financial performance and to assess whether the company can leverage this opportunity to reinvest in innovation or expand its market presence.
Zebra's ZD411 printers are designed to be compatible with multiple operating systems, including Windows®, Android™ and iOS, reflecting the trend towards cross-platform interoperability in business technology. The printers' adaptability and the inclusion of the Print DNA software suite, which enhances processing power and security, are likely to be key factors in the USPS's decision to select Zebra as a provider.
The ability to handle various media with both direct thermal and thermal transfer print methods, as well as the option for field-installable features like batteries, underscores the importance of flexibility and mobility in modern printing solutions. These features align with the increasing need for businesses to have adaptable technology that can meet diverse operational demands.
As businesses continue to seek out robust and versatile technology solutions, Zebra's innovations in printer technology could influence industry standards and expectations, potentially leading to increased market demand for Zebra's products and services.
Zebra’s ZD411 printers and related services will provide label printing for the Postal Service’s Change of Address Reporting System and Remote Forwarding System applications. With their adaptable design and Print DNA software suite, Zebra’s 2-inch ZD411 compact printers enhance processing power, offer security, and work with any Windows®, Android™ or iOS device. They can also handle almost any media with direct thermal and thermal transfer print methods and carry additional capabilities with field-installable options, including batteries for enhanced mobility and worker productivity.
"Zebra is honored to provide our innovative printer technology to USPS through the contract,” said Chris Kelly, Senior Vice President and General Manager,
Zebra was recently recognized by USPS with a 2022 Supplier Performance Award for outstanding service and delivery. The ZD411 compact printers complement other Zebra solutions in use by USPS, including handheld mobile computers, wearable scanners, software, secure end-user help desk support, secure repair services, as well as industrial and mobile printers.
KEY TAKEAWAYS
- USPS awarded Zebra a COARS-RFS Printer Technical Refresh contract to provide Zebra’s ZD411 printers, which offer enhanced processing power, security, connectivity and intuitive setup and operation.
- Zebra’s solutions will support the Remote Forwarding System and Change of Address Reporting System applications at USPS.
ABOUT ZEBRA TECHNOLOGIES
Zebra (NASDAQ: ZBRA) helps organizations monitor, anticipate, and accelerate workflows by empowering their frontline and ensuring that everyone and everything is visible, connected and fully optimized. Our award-winning portfolio spans software to innovations in robotics, machine vision, automation and digital decisioning, all backed by a +50-year legacy in scanning, track-and-trace and mobile computing solutions. With an ecosystem of 10,000 partners across more than 100 countries, Zebra’s customers include over
ZEBRA and the stylized Zebra head are trademarks of Zebra Technologies Corp., registered in many jurisdictions worldwide. All other trademarks are the property of their respective owners. ©2023 Zebra Technologies Corp. and/or its affiliates.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240118504019/en/
Media Contact:
Denis Klimentov
Zebra Technologies
+1-905-812-6391
denis.klimentov@zebra.com
Industry Analyst Contact:
Kasia Fahmy
Zebra Technologies
+1-224-306-8654
k.fahmy@zebra.com
Source: Zebra Technologies Corporation
FAQ
What is the contract awarded to Zebra Technologies Corporation by the USPS for?
What are the ZD411 printers used for in the USPS applications?
What are the features of Zebra's ZD411 printers?
