Brick-and-mortar store closings dampen retailers’ investments in technology solutions however, at the same time, e-commerce and omnichannel related trends help drive market interest in and purchase of products that are a part of Zebra’s diversified portfolio.Capabilities like Link-OS that enable seamless integration of Zebra’s printer products with end users’ internal networks help the company differentiate its product line from that of its competitors, which is critical in this highly fragmented landscape. The company continues to have a positive long-term outlook for this division it is looking to strengthen its consumables and supplies sales where it sees significant opportunities. Zebra’s legacy printing business has been the mainstay for the company for several years now.Zebra’s data capture business also generated significant business across verticals including retail, logistics, and healthcare. It has been very successful with its Android-based mobile devices, which now account for about half of the mobile computing sales VDC’s research shows that the company has a greater than 50% market share in this segment, with 15 of its mobile computing products currently powered by Android. Zebra attributes the sharp increase in enterprise segment sales primarily to its performance in North America and Europe where demand from its retail and e-commerce customers is especially strong.The following are some of the key highlights from Zebra’s Q1 2017 earnings conference call: The company also saw its gross margin expand by 20 basis points from Q1 2016 to 46.4%, primarily due to its initiatives around trimming product-related costs. Enterprise segment sales (mobile computing and data capture) increased 9% to $544M and legacy business (including barcode printers, card printers, consumables & supplies, and location services) was up 3% to $322M. Strong demand from retail and e-commerce customers contributed to success this quarter that exceeded Zebra’s guidance range. The company saw an improvement over Q1 2016 across all regions with its various product lines this included double-digit sales growth in EMEA and Latin America and a 5% growth in North America. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.Zebra Technologies announced its Q1 2017 earnings on May 8, beating analyst expectations on EPS by $0.07 and revenues by $17.25M. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force, and network of channel partners. It also provides services, including maintenance, technical support, repair, managed and professional services as well as cloud-based software subscriptions and robotics automation solutions. ![]() In addition, the company offers barcode scanners, image capture devices, and RFID readers and workforce management solutions, workflow execution and task management solutions, and prescriptive analytics solutions, as well as communications and collaboration solutions. It also provides various maintenance, technical support, repair, and managed and professional services real-time location systems and services and tags, sensors, exciters, middleware software, and application software as well as physical inventory management solutions, and rugged tablets and enterprise-grade mobile computing products and accessories. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic cards dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions RFID printers that encode data into passive RFID transponders accessories and options for our printers, including vehicle mounts and battery chargers stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers and temperature-monitoring labels primarily used in vaccine distribution. It operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide.
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