Flexible Electronics News

Zebra Technologies Announces 1Q 2020 Results

Net sales of $1,052 million, a year-over-year decrease of 1.3%, with net income of $89 million.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies Corporation announced results for the first quarter ended March 28, 2020.   Net sales were $1,052 million in the first quarter of 2020 compared to $1,066 million in the first quarter of 2019. The decline was primarily due to supply chain disruptions driven by COVID-19 and significantly reduced customer demand in China.   Net sales in the Enterprise Visibility & Mobility (EVM) segment were $681 million in the first quarter of 2020 compared with $709 million in the first qua...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters