This excerpt taken from the ZBRA 8-K filed Feb 25, 2008.
for 2007 Fourth Quarter and Full Year
Company completes 3 million share stock buyback;
Board authorizes additional 3 million share purchase
Vernon Hills, IL, February 25, 2008Zebra Technologies Corporation (NASDAQ: ZBRA) today announced record net sales of $233,573,000 for the quarter ended December 31, 2007, up 11.3% from $209,903,000 for the fourth quarter of 2006. Net income for the period was $30,803,000, or $0.45 per diluted share, compared with $21,446,000, or $0.30 per diluted share, a year ago.
Ongoing strong international growth, record sales in North America and increasing contributions from the businesses acquired earlier in 2007 led to solid results for the quarter and provide a favorable outlook for 2008 and beyond, stated Anders Gustafsson, Zebras chief executive officer. We enter 2008 with many more opportunities to accelerate sales and increase profitability. We will continue to drive more deeply into attractive vertical markets with solutions that deliver a measurable and quick return on investment for our customers. At the same time, our international expansion activities will enable us to provide a broader range of Zebra solutions to businesses in high-growth developing regions. In 2008, we will also take advantage of the business opportunities brought by our acquisitions of WhereNet, proveo and Navis. Together, these companies enable Zebra to provide a broad range of complex enterprise solutions that help our customers identify, track and manage assets, people and transactions within the enterprise and across the supply chain.