Flexible Electronics News

Zebra Technologies Announces 1Q 2023 Results

Net sales were $1,405 million, a year-over-year decrease of 1.9%, while adjusted EBITDA increased 5.6% year-over-year to $301 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies announced results for the first quarter ended April 1, 2023. Net sales were $1,405 million in the first quarter of 2023 compared to $1,432 million in the prior year. Net sales in the Enterprise Visibility & Mobility (EVM) segment were $914 million in the first quarter of 2023 compared with $1,038 million in the prior year. Asset Intelligence & Tracking (AIT) segment net sales were $491 million in the first quarter of 2023 compared to $394 million in the prior yea...

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