LINCOLNSHIRE, Ill. (AP) _ Zebra Technologies Corp. (ZBRA) on Thursday reported fourth-quarter earnings of $115 million.
On a per-share basis, the Lincolnshire, Illinois-based company said it had net income of $2.11. Earnings, adjusted for one-time gains and costs, came to $3.10 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.93 per share.
The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.14 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.12 billion.
For the year, the company reported profit of $421 million, or $7.76 per share. Revenue was reported as $4.22 billion.
For the current quarter ending in April, Zebra expects its per-share earnings to range from $2.75 to $2.95.
Zebra shares have risen 16 percent since the beginning of the year. The stock has increased 58 percent in the last 12 months.