This excerpt taken from the ZBRA 8-K filed Apr 30, 2007.
gross profit margin and inventories
Vernon Hills, IL, April 30, 2007Zebra Technologies Corporation (NASDAQ: ZBRA) today announced that net sales increased 18.6% for the quarter ended March 31, 2007, to $208,576,000 from $175,814,000 for the first quarter of 2006. Net income for the period was $26,716,000, or $0.39 per diluted share, compared with $26,091,000, or $0.37 per diluted share, a year ago.
First quarter results show that more companies are turning to Zebra for their auto-identification and specialty printing solutions, stated Edward Kaplan, Zebras chairman and chief executive officer. We are meeting with increasing success in tying Zebra closer to its channel partners and transforming the company into a provider of high-growth vertical market applications. The impact of our geographic expansion activities is evident. We remain optimistic about further growth and our ability to build greater stockholder value as the year unfolds.