#ZEBRA TECHNOLOGIES REVENUE PDF#
#ZEBRA TECHNOLOGIES REVENUE FREE#

#ZEBRA TECHNOLOGIES REVENUE FREE#

Non-GAAP net income for the second quarter of 2021 increased to $247 million, or $4.57 per diluted share, compared to $130 million, or $2.41 per diluted share, for the prior year period.Īdjusted EBITDA for the second quarter of 2021 increased to $325 million, or 23.6% of adjusted net sales, compared to $175 million, or 18.3% of adjusted net sales, for the second quarter of 2020 due to higher gross profits and lower operating expenses as a percentage of sales.Īs of July 3, 2021, the company had cash and cash equivalents of $318 million and total debt of $996 million.įor the first six months of 2021, the company generated $539 million of operating cash flow and incurred capital expenditures of $25 million, resulting in free cash flow of $514 million. Net income for the second quarter of 2021 was $219 million, or $4.07 per diluted share, compared to net income of $100 million, or $1.85 per diluted share, for the second quarter of 2020. Adjusted operating expenses increased in the second quarter of 2021 to $356 million from $264 million in the prior year period. Operating expenses increased in the second quarter of 2021 to $411 million from $300 million in the prior year period, primarily due to higher employee incentive-based compensation expense associated with improved financial performance, the inclusion of operating and amortization expenses associated with recently acquired businesses, and increased investments in research and development. Adjusted gross margin was 48.0% in the second quarter of 2021 compared to 44.1% in the prior year period.

This favorability was partially offset by higher premium freight costs. This increase was primarily due to favorable business mix, $12 million recovery of Chinese import tariffs, higher support service margin and contribution from our higher margin business acquisitions. Gross margin increased to 47.8% for the second quarter of 2021 compared to 43.8% in the prior year period. Second quarter 2021 gross profit was $658 million compared to $419 million in the prior year period. Second-quarter year-over-year organic net sales increased by 35.1% in the EVM segment and increased by 51.2% in the AIT segment. Consolidated organic net sales for the second quarter increased 39.8%. Asset Intelligence & Tracking ('AIT') segment net sales were $421 million in the second quarter of 2021 compared to $273 million in the prior year period. Net sales in the Enterprise Visibility & Mobility ('EVM') segment were $959 million in the second quarter of 2021 compared with $683 million in the second quarter of 2020. Net sales were $1,377 million in the second quarter of 2021 compared to $956 million in the second quarter of 2020.

#ZEBRA TECHNOLOGIES REVENUE PDF#

Additionally, we are excited about our entry into vibrant markets that advance our Enterprise Asset Intelligence vision, including our recent launch of fixed industrial scanning & machine vision solutions, as well as our pending acquisition of Fetch Robotics.”ĭownload PDF with consolidated balance sheet, cash flow and income statements “While we continue to see extended lead times for certain product components and escalating global shipping costs, we enter the second half of the year with a strong order backlog and a robust pipeline of business which supports the significant increase to our full-year sales outlook. Despite ongoing industry-wide supply chain challenges, our team met customers’ mission critical needs, while delivering record sales and profitability that exceeded our outlook.” said Anders Gustafsson, Chief Executive Officer of Zebra Technologies. 'Our exceptional second quarter performance was driven by continued broad-based demand for our solutions and excellent operational execution. Lincolnshire, Ill., August 3, 2021 - Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced results for the second quarter ended July 3, 2021. Adjusted EBITDA increased 85.7% year-over-year to $325 million.Non-GAAP diluted EPS increased 89.6% year-over-year to $4.57.Net income of $219 million and net income per diluted share of $4.07, year-over-year increases of 119% and 120%, respectively.Net sales of $1,377 million year-over-year increase of 44%.

Zebra technologies revenue