Straight From the Striped Horse's Mouth: How Zebra Is Beating the Global Chip Shortage
Barcode-scanning and data management expert Zebra Technologies (NASDAQ: ZBRA) delivered a fantastic third-quarter report last week. Sales rose 30% year over year to $1.44 billion. Adjusted earnings jumped 39% higher, landing at $4.55 per diluted share. To put these numbers in perspective, your average Wall Street analyst would have settled for earnings near $4.06 per share on revenues in the neighborhood of $1.40 billion.
And Zebra achieved these impressive results while battling several significant headwinds, including the ongoing battle against COVID-19 and a global shortage of semiconductor products.
The Fool had a brief phone chat with Zebra CEO Anders Gustafsson about this report. We focused that conversation on how the company was able to sidestep the prevailing business headwinds in the second half of 2021.
Source Fool.com
