Zebra Technologies Delivers Exceptional Q4 Results, Looks Ahead with Caution

Generado por agente de IAMarcus Lee
jueves, 13 de febrero de 2025, 6:39 am ET1 min de lectura
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Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in digitizing and automating frontline workflows, announced strong results for the fourth quarter and full year ended December 31, 2024. The company's exceptional performance was driven by robust North American retail customer spending, which contributed to a 32.2% year-over-year increase in net sales to $1,334 million. Net income surged 858.8% to $163 million, with diluted EPS of $3.14, reflecting the company's strong financial performance.

Key highlights from the fourth quarter include:

* Organic net sales growth of 31.6%, with the Enterprise Visibility & Mobility (EVM) segment growing 33.1% and the Asset Intelligence & Tracking (AIT) segment growing 28.8%.
* Gross margin expansion of 420 basis points to 48.6%, primarily due to volume leverage and improved software and service margins.
* Adjusted EBITDA margin increase of 670 basis points to 22.1%, highlighting successful cost management despite increased investments in the business.
* Strong cash flow generation, with free cash flow of $954 million for the full year 2024.

Zebra Technologies' strategic focus on digitizing and automating frontline workflows has been a significant driver of its growth. The company's innovative solutions and market positioning have enabled it to capitalize on the growing demand for automation and digital transformation across various industries. Strong North American retail customer spending, volume leverage, and successful cost management have all contributed to the company's impressive financial performance in Q4 2024.

Looking ahead, Zebra Technologies remains cautious in its growth outlook for 2025, projecting net sales growth of 3-7% and an adjusted EBITDA margin of 21-22%. The company anticipates a 1.3% headwind from foreign currency translation and an estimated $20 million gross profit impact from recently announced Mexico and China import tariffs. Despite these challenges, Zebra Technologies is well-positioned to drive sustainable profitable growth while extending its lead in the industry with innovative solutions that digitize and automate workflows across the supply chain.

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