WASHINGTON (dpa-AFX) - Zebra Technologies Corporation (ZBRA) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $136 million, or $2.62 per share. This compares with $115 million, or $2.23 per share, last year.
Excluding items, Zebra Technologies Corporation reported adjusted earnings of $208 million or $4.02 per share for the period.
Analysts on average had expected the company to earn $3.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.3% to $1.308 billion from $1.175 billion last year.
Zebra Technologies Corporation earnings at a glance (GAAP) :
-Earnings: $136 Mln. vs. $115 Mln. last year. -EPS: $2.62 vs. $2.23 last year. -Revenue: $1.308 Bln vs. $1.175 Bln last year.
-Guidance: Next quarter EPS guidance: $3.00 to $3.50
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