Zebra Technologies announces first-quarter results
Zebra Technologies announced results for the first quarter ended March 31, 2021. GAAP net sales were US$1,347 million in the first quarter of 2021 compared to US$1,052 million in the first quarter of 2020. Net income for the first quarter of 2021 was US$228 million, compared to net income of $89 million for the first quarter of 2020. "I'm proud of our teams’ exceptional first quarter performance as we continue to realize a strong recovery from the pandemic. We achieved record quarterly sales and earnings which exceeded our expectations, despite industry supply chain challenges,” said Anders Gustafsson, Chief Executive Officer of Zebra Technologies. The company enters Q2 with a strong order backlog. [See Zebra Zebra First-Quarter 2021 Results] -- Posted Tuesday, May 4, 2021 by chb