Zebra Technologies Shows Encouraging Signs in Q1 Performance Despite Market Challenges
Zebra Technologies Q1 2024 Earnings Call Highlights
Zebra Technologies, led by CEO Bill Burns, reported a decline in sales and profitability in Q1 2024 due to market softness, but noted a sequential improvement from the previous quarter. The company saw better-than-expected large order activity driving the upside for the quarter. Despite ongoing challenges, Zebra continues to take an agile approach to navigate the market environment. The company remains optimistic about its progress on actions to improve profitability and drive sales growth, leading to an upgraded full year outlook for sales, margin, and free cash flow.
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