Zebra Technologies ( (ZBRA) ) has released its Q4 earnings. Here is a breakdown of the information Zebra Technologies presented to its investors.
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Zebra Technologies Corporation, a leader in digitizing and automating frontline workflows, operates primarily in the technology sector, providing solutions such as asset visibility and intelligent automation across the supply chain.
Zebra Technologies recently reported its fourth-quarter and full-year 2024 financial results, showcasing strong performance metrics that surpassed expectations, driven by robust year-end spending from North American retail customers.
The company experienced a significant increase in net sales, reaching $1,334 million in the fourth quarter of 2024, a 32.2% rise from the previous year. Net income also saw a dramatic year-over-year increase of 858.8% to $163 million, with diluted earnings per share soaring by 912.9%. The company’s adjusted EBITDA grew by 90.3% to $295 million, indicating improved operational efficiency and profitability.
In terms of strategic segments, the Enterprise Visibility & Mobility segment witnessed a 33.1% organic net sales growth, while the Asset Intelligence & Tracking segment saw a 28.8% increase. The company ended the year with a solid balance sheet, holding $901 million in cash and cash equivalents and generating a free cash flow of $954 million.
Looking ahead, Zebra Technologies anticipates continued growth in the first quarter of 2025, with expected net sales growth between 8% and 11%, despite challenges such as foreign currency impacts and global trade dynamics. The company remains focused on sustaining profitable growth and maintaining its industry leadership with innovative solutions.
