Zebra Technologies (ZBRA) Revenue — Quarter Ended Apr 1, 2023
Revenue for the reporting period decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline marks a reversal from the prior quarter's sequential growth.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q1
Revenue for the reporting period decreased compared to both the immediately preceding quarter and the same quarter one year earlier. The decline marks a reversal from the prior quarter's sequential growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
-6.5%
Change from the immediately preceding quarter.
Year-over-year
-1.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 2, 2022 | $1.5B | +6.6% |
| Oct 1, 2022 | $1.4B | -4.0% |
| Dec 31, 2022 | $1.5B | +2.5% |
| Apr 1, 2023 | $1.4B | -1.9% |
Revenue performance
The company's revenue fell in the current quarter, reflecting a downward movement from the prior quarter and the year-ago period.
Quarterly comparison
Compared to the preceding quarter, revenue was lower, and it also declined versus the same quarter a year ago.
What to watch
The sequential and year-over-year revenue declines are notable and warrant close observation in upcoming quarters.