Zebra Technologies Corp.'s (ZBRA) first-quarter 2013 net income dropped to $23.54 million, or $0.46 per share, from $30.16 million, or $0.58 per share, a year before. On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.63 for the quarter. Analysts' estimates typically exclude one-time items. The recent quarter's per-share earnings included exit, restructuring and acquisition costs that reduced earnings by $0.04 per share, the company said in a statement.
Net sales for the period slid 2.8% to $236.94 million, from $243.88 million for the first quarter of 2012. Analysts estimated revenues of $249.08 million for the quarter.
Quarterly net sales were hurt by the ongoing challenged conditions in Europe and Asia, along with a slowdown in business during the first few weeks of the quarter in North America. Sales increases of 3.8% in Latin America and 0.9% in North America were offset by sales declines of 0.7% in Asia Pacific and 9.8% in the Europe, Middle East and Africa or EMEA region. On a constant-currency basis, sales in EMEA were down by 2.8%.
For the second quarter of 2013, net sales are expected within a range of $246 million to $258 million, and earnings per share within a range of $0.58 to $0.67. Analysts project second-quarter earnings of $0.68 per share and revenue of $254.49 million.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.