Zebra Technologies (ZBRA) Stock News

Zebra Technologies Corporation (NASDAQ: ZBRA) has introduced Zebra Picking Plus, a new API for enhancing warehouse operations with SAP Extended Warehouse Management. Launched at ProMat 2023, this solution streamlines workflows, enabling mobile, browser-based inventory management which reduces manual errors. As a beta-test partner, DynaEnergetics reported significant improvements in inventory accuracy. Zebra's comprehensive smart warehouse framework also includes innovations in industrial automation aimed at increasing operational efficiency. The launch reinforces Zebra’s commitment to empowering front-line workers and optimizing supply chain processes.

Zebra Technologies Corporation (NASDAQ: ZBRA) has appointed Rob Armstrong as the new Chief Marketing Officer, succeeding Jeff Schmitz who transitions to Chief People Officer. Armstrong, who joined Zebra in 2014 after the acquisition of Motorola Solutions’ Enterprise Business, has held various roles in marketing, most recently Senior Vice President of Integrated Marketing & Channels. CEO Bill Burns emphasized Armstrong's role in driving growth strategies and marketing impact. The company aims to enhance talent acquisition and development while maintaining a culture of diversity and inclusion.

Zebra Technologies Corporation (NASDAQ: ZBRA) announced the launch of its new electronic sensor solution, the ZS300 Sensor, along with the ZB200 Bridge and Android Sensor Discovery app, to enhance visibility for environmentally sensitive products across food, pharmaceutical, and healthcare supply chains. These sensors provide cloud-based monitoring for temperature and moisture, enabling real-time corrective actions to boost productivity. The solutions will be showcased at ProMat 2023, taking place from March 20 to 23 in Chicago. The new technology responds to industry demand for better supply chain visibility amidst concerns over product safety during transit.

Zebra Technologies Corporation is set to enhance warehouse and manufacturing productivity through a partnership with Ivanti Wavelink. They will integrate Ivanti's Velocity platform with Zebra's autonomous mobile robots (AMRs), allowing for voice-command control without changes to existing systems. This integration can reduce manual material handling by up to 50%, increasing efficiency and safety. Zebra's General Manager emphasized the importance of automation in modern operations, while Ivanti noted the minimal implementation time needed due to their 'hands-off the host app' approach. This partnership is a response to customer demand for improved automation solutions.

Zebra Technologies has been recognized as a Leader in the Gartner Magic Quadrant for Indoor Location Services for the fourth consecutive year. This acknowledgment highlights Zebra's MotionWorks Enterprise Platform, which converts location data into actionable insights, enhancing operational decision-making for businesses. With over 50 years of innovation, Zebra serves a global network of more than 10,000 partners across 100 countries, providing tailored solutions that drive efficiency. This continued recognition underlines Zebra's commitment to enhancing asset management through real-time data.

Zebra Technologies Corporation (NASDAQ: ZBRA) will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 6, 2023, at 10:25 a.m. Pacific Time. Interested parties can access a live webcast of the presentation on the company’s website, where an archive will also be available for later viewing.

Zebra enhances organizational efficiency by providing visibility and connectivity for front-line workers and assets. With over 10,000 partners globally, Zebra serves various clients, including 86% of the Fortune 500. Recent acquisitions have expanded its capabilities in industrial automation and software.

Zebra Technologies Corporation (NASDAQ: ZBRA) reported $1,503 million in net sales for Q4 2022, up 2.5% year-over-year, while net income decreased 2.6% to $186 million. The non-GAAP EPS rose 4.6% to $4.75 and adjusted EBITDA increased 6.0% to $338 million. Despite a healthy order backlog, the company anticipates a net sales decline of -4% to -1% for Q1 2023 due to foreign currency impacts. Full-year expectations show a 3% decline to 1% growth versus 2022. The company emphasized its resilience in a challenging macro environment, attributing growth to the Americas and ongoing strategic innovations.

On February 15, 2023, Third Wave Automation (TWA) announced a strategic investment of $70 million from Qualcomm Ventures and Zebra Technologies. This funding aims to enhance TWA's high-reach autonomous forklift solutions and expand its pilot program. The investment will accelerate product innovations and market offerings, including automation solutions for other forklift classes. TWA Reach, a versatile forklift designed for warehouse efficiency, offers four deployment modes and has shown to improve throughput and safety during pilot tests. TWA plans to demonstrate its technology at ProMat 2023 in March.

Zebra Technologies Corporation (NASDAQ: ZBRA) has renewed its partnership with the National Football League (NFL) as the Official Real Time Location Solutions Provider through the 2025 football season. This collaboration, ongoing since 2015, enhances the NFL's Next Gen Stats analytics, transforming how fans, teams, and broadcasters engage with the sport. Zebra's MotionWorks™ tracking technology captures player metrics in real-time, providing insights for better coaching and fan experiences. The upcoming details of this partnership will be revealed during a press conference at Super Bowl LVII on February 8, 2023.