Zebra Technologies Updates Date for 2014 Fourth Quarter and Full Year Earnings Announcement
Company to host conference call on March 17, 2015
Management notes sales strength in both Zebra and Enterprise
LINCOLNSHIRE, Ill., Feb. 19, 2015 /PRNewswire/ -- Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in products and solutions that provide real-time visibility into organizations' assets, people and transactions, today announced that it plans to release fourth quarter and full year 2014 financial results on Tuesday, March 17, 2015, with a conference call to be held at 7:30 a.m. Eastern Time on the same day.
"We are very pleased with Zebra's fourth quarter performance, as strong, positive business activity drove sales for both Zebra and the Enterprise business," stated Anders Gustafsson, chief executive officer of Zebra Technologies. "We continue to make significant progress on the integration of our businesses, and are encouraged by our initial successes as we come together as one Zebra. Given the timing of the acquisition and complexity of our much larger organization, we are taking more time to complete this first year-end financial reporting process."
Additional time is required because the timing and scale of the acquisition of the Enterprise business from Motorola Solutions, Inc., on October 27, 2014, and the complexity of matters related to the acquisition have required substantial management time and attention, and have resulted in a delay in Zebra's normal closing and the preparation of its financial statements and other documentation relating to the Annual Report on Form 10-K.
The company is filing a Form 12b-25 today with the SEC relating to its Annual Report on Form 10-K for the year ended December 31, 2014. This filing automatically extends the March 2, 2015, filing due date to March 17, 2015, under SEC rules. Zebra intends to file its Form 10-K with the SEC within this extension period.
Investors are invited to listen to a live webcast of the earnings conference call at 7:30 a.m. Eastern Time on Tuesday, March 17. The webcast can be accessed by visiting the company's website at http://www.zebra.com. A replay will also be available following the conclusion of the call.
About Zebra Technologies
Zebra Technologies Corporation (NASDAQ: ZBRA) makes businesses as smart and connected as the world we live in. Zebra tracking and visibility solutions transform the physical to digital, creating the data streams enterprises need to simplify operations, know more about their businesses, and empower their mobile workforces. For more information, visit www.zebra.com/possibilities.
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SOURCE Zebra Technologies Corporation
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