$ZBRA (Zebra Technologies Corporation)

$ZBRA {{ '2016-05-10T16:39:06+0000' | timeago}} • Webcast

$ZBRA, which acquired $MSI's Enterprise business in October 2014, said that it expects to realize $50MM of incremental cost synergies during 2016. $ZBRA reported that its global integrated ERP went live in May in Asia-Pacific region and the reminder of global operations will be transitioned over the next year.

$ZBRA {{ '2017-07-27T17:26:01+0000' | timeago}} • Announcement

$ZBRA has embarked on a comprehensive debt restructuring, which mainly involved closing of a senior secured credit facility maturing July 2021. The initiative is expected to reduce the company’s weighted average pre-tax interest rate on the $2.5Bil outstanding debt to below 4%. Zebra estimates to incur about $72MM in costs and transaction fees.

$ZBRA {{ '2017-05-09T12:15:22+0000' | timeago}} • Announcement

Enterprise software maker $ZBRA reported 1Q17 net income of $8MM, or $0.16 per share, compared to net loss of $26MM, or $0.50 per share during 1Q16. This was mainly due to higher sales from Enterprise segment. Sales rose 1.9% YoY to $865MM from $849MM during prior year quarter. Excluding items, $ZBRA earned $1.37 per share during the quarter.

$NCR {{ '2017-01-13T15:54:13+0000' | timeago}} • Announcement

$NCR and $ZBRA expanded their strategic relationship in two key areas of $NCR’s Store Transformation portfolio to provide better customer service. By integrating $NCR’s Unified Commerce and Store Transformation solutions with the new Zebra SmartSense for Retail asset visibility solution, retailers can execute omni-channel fulfillment strategies.

$ZBRA {{ '2016-12-07T15:27:47+0000' | timeago}} • Announcement

$ZBRA said it has successfully repriced its $1.7Bil term loan, effective Dec. 6. Under the amended term loan, the interest rate has been reduced by 75 basis points, which is expected to generate annualized interest expense savings of about $13MM based on current principal balance outstanding.

$ZBRA {{ '2016-11-15T15:02:13+0000' | timeago}} • Webcast

$ZBRA has exited more than 75% of the transition service agreements with Motorola as the company further integrates the Enterprise business. The integration of Enterprise business is expected to complete in the middle of 2017.

$ZBRA {{ '2016-11-15T14:47:35+0000' | timeago}} • Webcast

$ZBRA stated that British pound sharply devalued since the Brexit vote in late June, but has not materially impacted the company's profitability. U.K. business, which represents mid-single digit percentage of the company's overall sales, performed well in 3Q16.

$ZBRA {{ '2016-11-15T14:42:29+0000' | timeago}} • Webcast

$ZBRA reported that 3Q16 results were impacted by an uncertain macroeconomic environment and slower IT spending, which affected customer purchasing behaviors. $ZBRA's long-term debt of approx. $2.8Bil at the quarter end was the result of financing October 2014 Enterprise acquisition.

$ZBRA {{ '2016-11-15T13:48:57+0000' | timeago}} • Announcement

$ZBRA appointed Olivier Leonetti as CFO, effective Nov. 16, 2016. Mr. Leonetti, who most recently served as CFO of $WDC, succeeds Michael Smiley, who is resigning from the company to pursue other opportunities. Mr. Smiley will work with Mr. Leonetti to support an orderly transition.

$ZBRA {{ '2016-11-15T13:42:12+0000' | timeago}} • Announcement

$ZBRA expects 4Q16 adjusted net sales to decline approx. 4-1% from adjusted net sales of $954MM a year ago. Non-GAAP earnings are expected to be in the range of $1.65 to $1.85 per share. $ZBRA said it is on track to pay down $300MM of debt principal in 2016, excluding the financial impact from the sale of its WLAN business.

$ZBRA {{ '2016-11-15T13:39:00+0000' | timeago}} • Announcement

Enterprise software maker $ZBRA reported a wider quarterly loss, hurt by impairment charges. The company reported 3Q16 net loss of $83MM, or $1.61 per share, compared with a net loss of $29MM, or $0.57 per share a year ago. Revenue fell to $904MM from $916MM. In the quarter, the company took non-cash impairment charges of $62MM.

$ZBRA {{ '2016-11-15T12:10:43+0000' | timeago}} • Announcement

$ZBRA reported that after adjusting the sales commission plan, net realizable value of acquired trade receivables, and income taxes, the GAAP pre-tax loss for 1H16 decreased by $11MM. For 4Q16 and FY15, the pre-tax loss increased by $16MM, and the after-tax loss increased by $21MM including the corrections to income tax accounting.

$EXTR {{ '2016-10-31T17:34:56+0000' | timeago}} • Announcement

$EXTR closed purchase of $ZBRA's wireless LAN (WLAN) business. The acquisition of the WLAN business strengthens and expands $EXTR's end-to-end, wired and wireless software-driven networking solutions and complements its vertical market focus.

$ZBRA {{ '2016-09-19T14:54:15+0000' | timeago}} • Announcement

Maker of tracking technology and solutions $ZBRA said that it has named Tom Bianculli as the Chief Technology Officer (CTO). This step was taken to advance the company's leadership in the growing market of Enterprise Asset Intelligence (EAI).

$EXTR {{ '2016-09-14T13:06:09+0000' | timeago}} • Announcement

$EXTR said it has agreed to acquire $ZBRA wireless LAN (WLAN) business in an all-cash transaction. The transaction is subjected to customary closing conditions including regulatory approvals. $EXTR expects this transaction to close in its second quarter of FY17.

$ZBRA {{ '2016-08-09T17:38:15+0000' | timeago}} • Webcast

Jason Rodgers of Great Lakes Review asks whether spending in retail vertical improved in 2Q16 versus 1Q16. $ZBRA CEO Anders Gustafsson said that there was a sequential improvement in 2Q16, particularly in North America with both brick-and-mortar retailers as well as e-commerce retailers.

$ZBRA {{ '2016-08-09T17:31:03+0000' | timeago}} • Webcast

For 3Q16, $ZBRA expects adjusted net sales to be flat to down 3% from comparable net sales of $919MM in 3Q15. On a constant currency basis, this reflects a range of a 2% decline to 1% growth. For 2016, $ZBRA expects approx. flat operating expenses compared to the prior year.

$ZBRA {{ '2016-08-09T17:25:20+0000' | timeago}} • Webcast

With regards to Brexit, $ZBRA said that although British pound has sharply devalued since the Brexit vote in late June, it is not materially impacting the company's results. Business in U.K. represents only a mid-single-digit percentage of $ZBRA's overall sales. U.K. performed well year-over-year, helped by some significant wins, the company said.

$ZBRA {{ '2016-08-09T17:08:06+0000' | timeago}} • Webcast

$ZBRA said that macroeconomic uncertainty and a slow IT spending environment have continued to elongate the sales cycle in 2Q16. The company added that while some customers delayed their projects into future quarters, $ZBRA has not experienced any increase in order cancellations.

$ZBRA {{ '2016-08-09T12:09:12+0000' | timeago}} • Announcement

$ZBRA said it expects FY16 net sales, excluding items, to fall approx. 3-1% from a year ago. This view reflects an expectation of year-over-year growth of down 2% to up 2% on a constant currency basis. Adjusted EBITDA margin is expected to be about 17% for FY16. The company expects to pay down $300MM of debt principal in 2016.

$ZBRA {{ '2016-08-09T12:04:24+0000' | timeago}} • Announcement

$ZBRA, which sells marking, tracking and computer printing technologies, narrowed its quarterly loss by cutting costs. The company reported 2Q16 net loss of $49MM, or $0.95 per share, compared with net loss of $77MM, or $1.50 per share a year ago. Total net sales fell slightly to $879MM from $890MM. Expenses fell 6%.

Recent Transcripts

LRCX (Lam Research Corporation)
Wednesday, July 26 2017 - 9:00pm
FB (Facebook, Inc.)
Wednesday, July 26 2017 - 9:00pm
NOC (Northrop Grumman Corporation)
Wednesday, July 26 2017 - 4:00pm
IEX (IDEX Corporation)
Wednesday, July 26 2017 - 2:30pm
FLIR (FLIR Systems, Inc.)
Wednesday, July 26 2017 - 1:00pm
MKSI (MKS Instruments, Inc.)
Wednesday, July 26 2017 - 12:30pm
TMO (Thermo Fisher Scientific, Inc.)
Wednesday, July 26 2017 - 12:30pm
SNA (Snap-on Incorporated)
Thursday, July 20 2017 - 2:00pm
DHR (Danaher Corp.)
Thursday, July 20 2017 - 12:00pm
FCEL (FuelCell Energy Inc.)
Thursday, June 8 2017 - 2:00pm
HPQ.WI (HP Inc.)
Wednesday, May 24 2017 - 9:00pm
CSCO (Cisco Systems, Inc.)
Wednesday, May 17 2017 - 8:30pm
NVDA (NVIDIA Corporation)
Tuesday, May 9 2017 - 9:00pm
ZBRA (Zebra Technologies Corporation)
Tuesday, May 9 2017 - 12:30pm
MSI (Motorola Solutions, Inc.)
Thursday, May 4 2017 - 9:00pm
MDRX (Allscripts Healthcare Solutions, Inc.)
Thursday, May 4 2017 - 8:30pm
ACIW (ACI Worldwide, Inc.)
Thursday, May 4 2017 - 12:30pm
FB (Facebook, Inc.)
Wednesday, May 3 2017 - 9:00pm
AAPL (Apple Inc)
Tuesday, May 2 2017 - 9:00pm
FSLR (First Solar, Inc.)
Tuesday, May 2 2017 - 8:30pm

AlphaGraphics you may like