Flexible Electronics News

Zebra Technologies Announces 1Q 2017 Results

Generated $117 million of cash from operations and $104 million of free cash flow.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies announced results for the first quarter ended April 1, 2017.   GAAP net sales were $865 million in the first quarter of 2017 compared to $849 million in the first quarter of 2016. First quarter 2017 gross profit was $401 million compared to $390 million in the comparable prior year period. Net income for the first quarter of 2017 was $8 million, or $0.16 per diluted share, compared to a net loss of $26 million, or $0.50 per diluted share, for the first quarter of 2016.   “...

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