ZEBRA TECHNOLOGIES Reports Profitable Second Quarter Earnings for FY2023

August 9, 2023

☀️Earnings Overview

For the second quarter of FY2023, ZEBRA TECHNOLOGIES ($NASDAQ:ZBRA) posted total revenue of USD 1214.0 million, a decrease of 17.3% compared to the same period of FY2022. The company’s net income for the quarter was USD 144.0 million, a dramatic increase from the -98.0 million reported in the same quarter a year earlier.

Price History

On Tuesday, ZEBRA TECHNOLOGIES reported their second quarter earnings for FY2023 and the results were very positive. The company’s stock opened at $245.0 and closed at $254.8, representing a decrease of 17.3% from its previous closing price of 308.0. The company attributed its successful second quarter to a range of investments and strategies it implemented earlier in the year, such as expanding its portfolio of products and services, engaging in strategic partnerships and alliances with other technology companies, and acquiring smaller firms in order to increase its market presence and share.

Additionally, they utilized their data-driven technology to analyze customer trends and needs, allowing them to tailor their offerings and improve their profitability. Overall, these strategies paid off as ZEBRA TECHNOLOGIES was able to achieve record quarterly profits during the second quarter of FY2023. This marks an impressive feat and is a testament to the company’s commitment to innovation and customer satisfaction. With the success of this quarter, investors are likely to remain loyal to ZEBRA as they anticipate more profitable earnings in the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Zebra Technologies. More…

    Total Revenues Net Income Net Margin
    5.5k 650 12.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Zebra Technologies. More…

    Operations Investing Financing
    224 -91 -168
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Zebra Technologies. More…

    Total Assets Total Liabilities Book Value Per Share
    7.46k 4.46k 58.28
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Zebra Technologies are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    8.3% 11.1% 16.8%
    FCF Margin ROE ROA
    2.7% 19.6% 7.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we recently conducted an analysis of ZEBRA TECHNOLOGIES‘s wellbeing. After our thorough examination of their financial and business aspects, we concluded that they are rated as a medium risk investment according to our Risk Rating. Further, our investigation revealed that there is 1 risk warning in ZEBRA TECHNOLOGIES’ balance sheet. To access this information, we invite you to register with us. By registering, you will gain access to our exclusive insights into ZEBRA TECHNOLOGIES and be able to assess their risk level yourself. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    Its main competitors are TSC Auto ID Technology Corp, Maxar Technologies Inc, and Urovo Technology Co Ltd.

    – TSC Auto ID Technology Corp ($TPEX:3611)

    TSC Auto ID Technology Corp is a Taiwanese company that manufactures auto-identification products, including barcode printers, barcode scanners, and labels. The company has a market cap of 7.77B as of 2022 and a Return on Equity of 17.53%. TSC Auto ID Technology Corp’s products are used in a variety of industries, including retail, healthcare, manufacturing, logistics, and transportation.

    – Maxar Technologies Inc ($NYSE:MAXR)

    Maxar Technologies Inc is a leading technology and innovation company that provides advanced solutions for government and commercial customers worldwide. The company has a market capitalization of 1.5 billion as of 2022 and a return on equity of 6.04%. Maxar Technologies Inc is involved in the design, manufacture, and operation of satellites and related products and services for government and commercial customers. The company’s products and services include satellite payloads and platforms, ground infrastructure, and space-based services. Maxar Technologies Inc is headquartered in Westminster, Colorado.

    – Urovo Technology Co Ltd ($SZSE:300531)

    Urovo Technology Co Ltd is a Chinese company that specializes in the development and manufacture of mobile data terminals and other related products. The company has a market cap of 4.32 billion as of 2022 and a return on equity of 5.52%. Urovo Technology Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.


    ZEBRA TECHNOLOGIES reported their second quarter earnings for FY2023, with total revenue of USD 1214.0 million and net income of USD 144.0 million. Compared to the same period in the prior year, there was a 17.3% decrease in revenue and a significant improvement in net income from -98.0 million. The stock price moved down the same day, leaving investors to consider the current financial performance of the company and overall outlook for future growth. Investors may want to consider Zebra Technologies’ ability to grow revenue while managing expenses, and weigh it against other potential investments.

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