Zebra Technologies (ZBRA) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased sequentially but declined sharply compared to the same period last year. The sequential improvement follows a pattern of declining revenue earlier in the fiscal year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased sequentially but declined sharply compared to the same period last year. The sequential improvement follows a pattern of declining revenue earlier in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1B
Revenue reported for this quarter.
Quarter-over-quarter
+5.5%
Change from the immediately preceding quarter.
Year-over-year
-32.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.6B
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 |
|---|---|---|
| Apr 1, 2023 | $1.4B | -1.9% |
| Jul 1, 2023 | $1.2B | -17.3% |
| Sep 30, 2023 | $956M | -30.6% |
| Dec 31, 2023 | $1B | -32.9% |
Revenue performance
Reported revenue rose from the prior quarter, reversing a multi-quarter decline. However, the year-over-year comparison shows a substantial drop.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Compared to the same quarter one year earlier, revenue was significantly lower.
What to watch
Monitor whether the sequential revenue growth can be sustained in upcoming quarters.