Zebra Technologies Q3: Broad Demand Recovery
Portfolio Pulse from
Zebra Technologies Corporation reports strong Q3 growth with a 31.3% revenue increase and 141.4% adjusted EBITDA growth, driven by digitalization and automation trends. The company expects 28%-31% revenue growth in Q4 and projects $850 million in free cash flow for FY24.
November 22, 2024 | 5:45 pm
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POSITIVE IMPACT
Zebra Technologies shows strong Q3 performance with significant revenue and EBITDA growth, driven by digitalization and automation. The company projects continued growth in Q4 and strong free cash flow for FY24.
Zebra Technologies' strong Q3 results, driven by digitalization and automation trends, indicate a positive outlook. The company's guidance for continued revenue growth in Q4 and strong free cash flow projection for FY24 suggest a likely positive impact on stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100