Zebra Technologies Slips To Loss In Q4 - Quick Facts

(RTTNews) - Zebra Technologies Corp. (ZBRA) reported that its net loss for the fourth quarter of 2014 was $51.68 million, compared to net income of $41.65 million in the prior year. The recent quarter results included $66.09 million of acquisition and integration costs. Loss per share was $1.02 compared to earnings per share of $0.82 in the prior year.

The latest-quarter result included two months of results of the Enterprise business that the company acquired from Motorola Solutions on October 27, 2014.

Non-GAAP net income was $58.19 million or $1.15 per share, compared with $48.83 million or $0.96 per share for the fourth quarter of 2013.

Quarterly net sales were $790.61 million, compared with $284.54 million for the fourth quarter of 2013.

Analysts polled by Thomson Reuters expected the company to report earnings of $1.19 per share and revenues of $783.51 million for the fourth-quarter. Analysts' estimates typically exclude special items.

Zebra announced its financial forecast for the first quarter of 2015. The company expects net sales within a range of $870 million to $890 million. This forecast incorporates an expectation of year-over-year growth of 6.0% to 8.0% in constant currency, on a proforma basis. Non-GAAP earnings are expected in the range of $0.95 and $1.20 per share. Analysts expect the company to report earnings of $1.22 per share and revenues of $882.19 million for the first-quarter.