Welcome to our dedicated page for Zebra Technologies news (Ticker: ZBRA), a resource for investors and traders seeking the latest updates and insights on Zebra Technologies stock.
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.
Zebra Technologies (NASDAQ: ZBRA) has achieved Great Place to Work Certified™ status, reflecting positive employee feedback. 83% of participating employees consider Zebra a great workplace, significantly higher than the U.S. average. Key strengths include fair treatment, welcoming atmosphere, and employee pride. This recognition underscores Zebra's commitment to fostering a supportive environment. The award is based on real-time employee reports, emphasizing ongoing dedication to workplace culture and employee experiences.
Zebra Technologies Corporation (NASDAQ: ZBRA) has set ambitious emissions reduction targets validated by the Science Based Targets initiative (SBTi). The company aims for a 50% reduction in absolute scopes 1 and 2 greenhouse gas emissions by 2030, using 2020 as a baseline. Additionally, it targets a 15% reduction in scope 3 emissions from purchased goods and services. Zebra's efforts align with the Paris Agreement to limit global warming to 1.5°C. The company emphasizes its commitment to sustainability through investments in climate initiatives and collaboration with various stakeholders.
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Zebra Technologies reported second-quarter 2022 net sales of $1,468 million, up 6.6% year-over-year, while posting a net loss of $98 million or $1.87 per diluted share, mainly due to $372 million in settlement costs. Adjusted EBITDA fell 1.2% to $321 million, with an adjusted gross margin of 46.0%. The company maintains its sales outlook for the year, predicting Q3 adjusted net sales growth of 2% to 4%. Despite elevated supply chain costs, Zebra sees potential in expansion markets and expects free cash flow to exceed $650 million.
Zebra Technologies announced that First Tech Federal Credit Union has implemented its Reflexis for Banking solution. This partnership aims to enhance compliance, employee engagement, and customer service in their Experience Centers. The solution will digitize audit processes, improve task management, and streamline branch operations. First Tech, a leading credit union, seeks to leverage Reflexis to gain better insights and optimize resource allocation, ultimately benefiting customer experience and operational efficiency.
Zebra Technologies Corporation (NASDAQ: ZBRA) will disclose its second quarter financial results on August 2, 2022, with a conference call at 7:30 a.m. CT. Investors can access the call via the company’s investor relations website. Zebra, recognized for empowering organizations in the on-demand economy, offers a vast portfolio of solutions that enhance visibility and optimization for frontline workers. The company has expanded its capabilities through acquisitions, including Fetch Robotics, and ranks highly in employee satisfaction.
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Zebra Technologies Corporation (NASDAQ: ZBRA) has launched a new Public Sector Specialization Program aimed at enhancing government and education sales in North America. This initiative, part of the PartnerConnect program, will allow qualified partners to access benefits such as marketing funding, growth incentives, and pre-qualified leads. The program focuses on supporting federal, state, local governments, and educational institutions, improving productivity and operational efficiency through tailored technology solutions. This strategic move is expected to strengthen Zebra's market position in the public sector.
Zebra Technologies has launched the rugged ET4x-HC series of tablets specifically designed for healthcare environments. The ET40-HC and ET45-HC tablets feature medical-grade housing, a 10-inch high-resolution display, and robust data capture capabilities to enhance caregiver efficiency and patient care. These tablets support emergency alerts, Wi-Fi 6, and 5G connectivity. They come with a three-year availability guarantee and optional six-year maintenance plans. This innovation is set to improve patient experience and streamline workflows in healthcare settings.