Zebra Technologies (ZBRA) Revenue — Quarter Ended Mar 30, 2024
Revenue for the quarter rose compared to the prior quarter, but fell relative to the same period a year earlier. The sequential improvement reversed a pattern of declines seen in recent quarters.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q1
Revenue for the quarter rose compared to the prior quarter, but fell relative to the same period a year earlier. The sequential improvement reversed a pattern of declines seen in recent quarters.
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
+16.5%
Change from the immediately preceding quarter.
Year-over-year
-16.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.4B
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 1, 2023 | $1.2B | -17.3% |
| Sep 30, 2023 | $956M | -30.6% |
| Dec 31, 2023 | $1B | -32.9% |
| Mar 30, 2024 | $1.2B | -16.4% |
Revenue performance
The reported revenue increased from the immediately preceding quarter, marking a positive sequential change. However, compared to the same quarter one year ago, revenue was lower.
Quarterly comparison
When measured against the prior quarter, revenue showed a significant uptick. In contrast, the year-over-year comparison reflected a decline, consistent with the broader trend of lower revenue over the past year.
What to watch
Monitor whether the sequential revenue growth can be sustained in the coming quarters.