Flexible Electronics News

Zebra Technologies Announces 3Q 2023 Results

Reports net sales of $956 million, a year-over-year decrease of 30.6%, while adjusted EBITDA decreased year-over-year to $111 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies announced results for the third quarter ended September 30, 2023. Net sales were $956 million in the third quarter of 2023 compared to $1,378 million in the prior year. Net sales in the Enterprise Visibility & Mobility (EVM) segment were $632 million in the third quarter of 2023 compared with $936 million in the prior year. Asset Intelligence & Tracking (AIT) segment net sales were $324 million in the third quarter of 2023 compared to $442 million in the prior ye...

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