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Stock impact report

Zebra Technologies Misses Q1 Sales Goal Amid Coronavirus Disruptions [Investor's Business Daily]

Zebra Technologies Corporation - Class A (ZBRA) 
Last zebra technologies corporation - class a earnings: 4/28 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.zebra.com
Related news Zebra Technologies ( ZBRA ), a maker of enterprise asset-tracking systems, on Tuesday missed Wall Street's sales target for the first quarter due to business disruptions from the coronavirus pandemic. ZBRA stock was not yet active in early trading. The Lincolnshire, Ill.-based company earned an adjusted $2.67 a share on sales of $1.05 billion in the March quarter. Analysts expected Zebra Technologies earnings of $2.64 a share on revenue of $1.07 billion. On a year-over-year basis, Zebra earnings fell 9% while sales dipped 1%. "The year started off strong for Zebra, yet late in the first quarter, Covid-19 developed into a global pandemic and we experienced global supply chain disruptions, as well as weaker-than-expected demand in China," Chief Executive Anders Gustafsson said in a news release . He added, "We entered the second quarter with a strong order backlog. That said, we are entering a recessionary global enterprise spending environment and continue to see pronounc Show less Read more
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