Rob Jamieson's questions to Zebra Technologies Corp (ZBRA) leadership • Q4 2024
Question
Rob Jamieson of TD Cowen sought to clarify if the company has seen actual project delays or just general customer hesitance, and when visibility might improve. He also asked for the potential revenue and profitability impact of the Photoneo acquisition.
Answer
CEO William Burns stated they have not seen specific project delays yet, but the lack of visibility stems from broad uncertainty around trade policy, which is causing customers to be cautious. CFO Nathan Winters noted the Photoneo acquisition is expected to add about 30 basis points of incremental revenue for the year, assuming it closes late in Q1.