Flexible Electronics News

Zebra Technologies Announces 2Q 2020 Results

Second-quarter net sales were $956 million, a year-over-year decrease of 12.9%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies announced results for the second quarter ended June 27, 2020.   Net sales were $956 million in the second quarter of 2020 compared to $1,097 million in the second quarter of 2019. The decline was primarily due to a recessionary global environment driven by the COVID-19 pandemic.   Second-quarter 2020 gross profit was $419 million compared to $520 million in the comparable prior year period.   “In Q2 our teams remained agile and executed very well through the ...

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