Rochester, NY 8/5/2009 5:56:36 PM
Pre-Market - Zebra Technologies Corp., ZBRA - Zebra Technologies Release 2009 Second Quarter Financial Results
Zebra Technologies Corp.
Zebra Technologies Corporation recently announced company’s net income of $9,011,000, or $0.15 per diluted share, for the second quarter of 2009, including $3,643,000 in exit, restructuring and integration costs which lowered diluted earnings by $0.04 per share.
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"The return of some large deal transactions along with ongoing expense control and working capital management helped Zebra deliver solid results in a stabilizing yet still-challenging business environment," stated Anders Gustafsson, Zebra's chief executive officer. "During the quarter, we effectively addressed the elements within our control to generate significantly improved cash flows. We continued to buy back stock and make progress on our outsourcing and other business initiatives to deliver better customer service and improve efficiency. Zebra's future remains bright to extend industry leadership and position the company for improved performance when business conditions improve. We have great confidence in our ability to build stockholder value as the global leader in specialty printing, RFID and other solutions that improve business performance and supply chain execution."
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