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Zebra Technologies (ZBRA) Stock News, Mar-May 2024

ZBRA Nasdaq

Zebra Technologies Corporation provides connected frontline, asset visibility and automation solutions for organizations in retail, manufacturing, transportation, logistics, healthcare and related industries. Its news commonly covers mobile computers, barcode scanning, RFID, printers, machine vision, real-time location solutions, healthcare devices and software used to digitize workflows and support intelligent operations.

Company updates also include partnerships, corporate venture investments, channel program activity, product demonstrations at industry events, customer deployments, earnings releases and investor conference participation. Recent themes include AI-enabled automation for manufacturing and logistics, hands-free clinical workflows, supply chain visibility, wearable computing and machine vision applications.

Rhea-AI Summary

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.

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Zebra Technologies (NASDAQ: ZBRA) has been named a Leader in the 2024 Nucleus Research Workforce Management Technology Value Matrix for the sixth consecutive year. This recognition showcases Zebra's dedication to enhancing store operations and front-line engagement for a modern store experience. Zebra's AI-powered Workforce Optimization Software Suite offers innovative solutions for scheduling, time and attendance, compliance, and labor optimization, catering to diverse industries such as retail, manufacturing, healthcare, hospitality, and banking.

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Zebra Technologies announced its first-quarter 2024 results with a net sales decrease of 16.4% year-over-year. The company reported a net income of $115 million and a net income per diluted share of $2.23. Adjusted EBITDA decreased to $234 million. Zebra Technologies highlighted a sequential improvement in profitability due to cost restructuring actions and improved gross margin.

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FAQ

What is the current stock price of Zebra Technologies (ZBRA)?

Zebra Technologies (ZBRA) last closed at $384.08.

What is the market cap of Zebra Technologies (ZBRA)?

The market cap of Zebra Technologies (ZBRA) is approximately $18.2B.