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Zebra Technologies Q3 EPS $4.12 Misses $4.54 Estimate, Sales $1.38B Miss $1.48B Estimate

Zebra Technologies (NASDAQ:ZBRA) reported quarterly earnings of $4.12 per share which missed the analyst consensus estimate of $4.54 by 9.25 percent. This is a 9.45 percent decrease over earnings of $4.55 per share from
byBenzinga Newsdesk
November 1, 2022
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Zebra Technologies (NASDAQ:ZBRA) reported quarterly earnings of $4.12 per share which missed the analyst consensus estimate of $4.54 by 9.25 percent. This is a 9.45 percent decrease over earnings of $4.55 per share from the same period last year. The company reported quarterly sales of $1.38 billion which missed the analyst consensus estimate of $1.48 billion by 6.89 percent. This is a 4.04 percent decrease over sales of $1.44 billion the same period last year.

 
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CBD Giant’s Challenging Year: Q4 Net Sales Slide By 27% But Net Loss Narrows 67% YoY

By Jelena Martinovic
December 26, 7:05 PM
cbdMD reported a 27% year-over-year drop in net sales for the fourth quarter of 2023, totaling $5.7 million. The company attributed the decline to industry trends, reduced marketing spend, and lower wholesale pricing for its new high-strength products. For the full fiscal year 2023, net sales reached $24.2 million, down from $35.4 million in the previous year. Gross profit for the year was approximately $15 million, a decrease from $22.3 million in fiscal 2022. The company reported a net loss of about $23 million, compared to $70 million in 2022. Operating expenses fell to $24.2 million from $40 million in the prior year. cbdMD's working capital on September 30, 2023, was $3.4 million, down from $10.7 million on the same date in 2022. The company also launched its hempMD and ATRx brands in 2023, expanding its product channels into Amazon and other consumer products channels.

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