Zebra Technologies (ZBRA) Revenue — Quarter Ended Jul 1, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The decrease reflects a continuation of the downward trend observed in recent periods.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The decrease reflects a continuation of the downward trend observed in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
-13.6%
Change from the immediately preceding quarter.
Year-over-year
-17.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.5B
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 |
|---|---|---|
| Oct 1, 2022 | $1.4B | -4.0% |
| Dec 31, 2022 | $1.5B | +2.5% |
| Apr 1, 2023 | $1.4B | -1.9% |
| Jul 1, 2023 | $1.2B | -17.3% |
Revenue performance
Reported revenue for the quarter was lower than the preceding quarter, marking a sequential decline. The year-over-year comparison also showed a decrease from the same quarter one year earlier.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell. Versus the same quarter one year ago, revenue was also lower.
What to watch
The sequential and year-over-year revenue declines warrant monitoring for any further deterioration or stabilization in upcoming quarters.