Zebra Technologies Announces 2015 Second Quarter Financial Results

Strong Sales Growth and Execution Drive Second Quarter Results

LINCOLNSHIRE, Ill., Aug. 11, 2015 /PRNewswire/ -- Zebra Technologies Corporation (NASDAQ: ZBRA) today reported that net sales for the three months ended July 4, 2015, were $889.8 million, compared with $288.4 million for the second quarter of 2014. The GAAP net loss for the second quarter was $76.3 million, or $1.50 per share, compared with GAAP net income of $27.6 million, or $0.54 per diluted share, for the second quarter of 2014. 

 

Summary Financial Performance (Unaudited)

$ in millions except per share data

2Q15

2Q14

Change

 

GAAP net sales

$  889.8

$   288.4

208.5%

Gross margin (%)

44.2

49.3

       (5.1) pts.

       

GAAP net (loss) income

$  (76.3)

$    27.6

            NM

GAAP (loss) earnings per share

$  (1.50)

$    0.54

            NM

       

Non-GAAP net income

$    53.3

$    47.0

13.5%

Non-GAAP earnings per share

$    1.05

$    0.92

14.1%

       

Adjusted EBITDA

$  131.5

$    67.0

96.5%

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