Zebra Technologies Q4 beats Street, sees strong Q1 rev

Tue Feb 9, 2010 6:41am EST

* Q4 adj EPS $0.33 vs est $0.25

* Q4 rev beats Street view

* Q1 sales forecast beats estimates

Feb 9 (Reuters) - Specialty business printers maker Zebra Technologies Corp (ZBRA.O) posted a quarterly profit that beat Wall Street expectations helped by stronger customer demand across all geographies, and forecast better-than-expected first-quarter revenue.

The company expects first-quarter earnings of 25 cents to 32 cents a share, including expected exit and restructuring costs of 2 cents per share, on revenue of $217 million to $230 million.

Analysts were looking for earnings of 26 cents a share, excluding items, on revenue of $203.7 million, according to Thomson Reuters I/B/E/S.

For the fourth quarter, the company posted net income of $17.6 million, or 30 cents per share, compared with a net loss of $117.4 million, or $1.88 per share, a year earlier.

Excluding items, the company posted earnings of 33 cents a share.

Revenue fell 4 percent to $222.5 million.

Analysts expected earnings of 25 cents a share, excluding exceptional items, on revenue of $206.6 million, according to Thomson Reuters I/B/E/S.

Shares of the Vernon Hills, Illinois-based company closed at $27.34 Monday on Nasdaq. (Reporting by Shrutika Verma in Bangalore; Editing by Maju Samuel)

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article