Zebra Technologies has reported stronger-than-expected fourth-quarter results, achieving $1.48 billion in sales—a 10.6% year-on-year increase—and non-GAAP earnings per share of $4.33. Following this announcement, the company's shares surged over 15%, making it the largest gainer in the S&P 500. Management has issued optimistic guidance for the next year, anticipating sales growth of 9 to 13% and expanding its share buyback authorization by an additional $1 billion, while maintaining a solid cash reserve of $125 million.
“ZBRA · last price · Last · 247.15”
“ZBRA · change percentage · Chg. % · -4.96%”
“Zebra Technologies (ZBRA) · reached · significant support level · true”
“ZBRA · broke through · 200-day moving average · true”
“ZBRA · is currently a · Zacks Rank #2 (Buy) stock · true”
“ZBRA · has had · 2 higher earnings estimate revisions · true”
“ZBRA · has had · none lower earnings estimate revisions · true”
“Zebra Technologies · is the leading provider of · enterprise asset intelligence solutions · true”
“Zebra Technologies · has a diversified portfolio of · products and solutions · true”
“Zebra Technologies · reports operations under · two segments · true”
“Zebra Technologies · reported · stronger-than-expected fourth-quarter results and guidance”
“Zebra Technologies · shares surged · more than 15% · in early trading on Thursday”