Flexible Electronics News

Zebra Technologies Announces 4Q, Full-Year 2023 Results

Fourth quarter 2023 net sales were $1,009 million, a year-over-year decrease of 32.9%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Zebra Technologies Corporation announced results for the fourth quarter and full year ended Dec. 31, 2023. “As expected, our fourth quarter results continued to be impacted by broad-based softness across our end markets and distributor destocking. We realized sequential improvement in sales, profitability and free cash flow through demand improvement, restructuring actions and inventory management initiatives,” said Bill Burns, CEO of Zebra Technologies. “Entering 2024, distributor invento...

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