Zebra Technologies Announces 2014 Q4 and Full-Year Financial Results
Robust business activity leads to strong sales at Zebra and Enterprise; Company provides favorable outlook for the first quarter of 2015
Lincolnshire, Ill., March 17, 2015 ─ Zebra Technologies Corporation (NASDAQ: ZBRA) today reported financial results for the 2014 fourth quarter and full year, which include two months of results of the Enterprise business that the company acquired from Motorola Solutions on October 27, 2014. Net sales were a record $790,611,000 for the fourth quarter of 2014, compared with $284,539,000 for the fourth quarter of 2013. The quarterly loss per share of $1.02 for 2014 includes $66,094,000 of acquisition and integration costs. Diluted earnings per share for the fourth quarter of 2013 were $0.82.
Summary Financial Performance (Unaudited) |
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4Q14 |
4Q13 |
Change |
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GAAP net sales (in 000s) Gross margin (%) GAAP net income (loss) (in 000s) GAAP diluted earnings (loss) per share Non-GAAP net income (in 000s) Non-GAAP diluted earnings per share Adjusted EBITDA |
$790,611 42.6 $ (51,679) $ (1.02) $ 58,192 $ 1.15 $ 145,197 |
$ 284,539 49.6 $ 41,650 $ 0.82 $ 48,831 $ 0.96 $ 67,311 |
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