Zebra Technologies Tops Q4 Consensus Amid Supply Chain Challenges; Issues Cautious Outlook

Zebra Technologies Tops Q4 Consensus Amid Supply Chain Challenges; Issues Cautious Outlook
Zebra Technologies office in Holtsville, New York. Javed Nazim/Google Maps via The Epoch Times
Benzinga
Updated:

Zebra Technologies Corp reported fourth-quarter FY21 non-GAAP net sales growth of 11.7 percent year-on-year to $1.47 billion, beating the consensus of $1.46 billion. Consolidated organic net sales for the quarter increased 10 percent.

Net sales in the Enterprise Visibility & Mobility segment rose from $888 million to $1.02 billion. Asset Intelligence & Tracking segment net sales grew to $444 million from $425 million.

Margins

The non-GAAP gross margin contracted 210 bps to 45.7 percent.