Zebra Technologies Corporation: How Are They Leveraging AI & Expanding in Healthcare and Retail Sectors?

Zebra Technologies Corporation reported a strong performance in the third quarter of the fiscal year 2024, demonstrating solid execution across its diverse portfolio. The company announced sales of $1.3 billion, marking a substantial 31% increase from the previous year. This growth was supported by a robust adjusted EBITDA margin of 21.4%, a significant improvement of 980 basis points, and non-GAAP diluted earnings per share of $3.49, which is four times the figure from the prior year. Free cash flow remained robust, contributing positively to the financial health of the company.