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ZEBRA TECHNOLOGIES REPORTS RECORD THIRD QUARTER

 ZEBRA TECHNOLOGIES REPORTS RECORD THIRD QUARTER
 VERNON HILLS, Ill., Oct. 21 /PRNewswire/ --- Zebra Technologies


Corp., an international provider of bar code labeling solutions to the automatic identification industry, today announced a 23.0 percent increase in sales and a 38.9 percent increase in profits for the third quarter ending Sept. 26. Year-to-date results were also up sharply, the company said.
 Zebra's chief financial officer, Charles R. Whitchurch, reported that third quarter sales were $14,643,000, an increase of 23.0 percent from a year ago. Year-to-date sales of $42,741,000 were up 30.3 percent. "In the context of industry growth rates of 18 percent to 20 percent and overall economic weakness both in the US and Europe, these results are very encouraging,'' Whitchurch stated.
 Zebra's net profits for the quarter were $3,106,000 an increase of 38.9 percent from last year, representing earnings per share of $0.26 compared to $0.20 in 1991. Year-to-date profits of $8,551,000 increased 44.3 percent from 1991. Year-to-date earnings per share were $0.71 compared to $0.54 on a year-to-date basis in 1991. The increases in earnings-per-share come despite a 10 percent dilution resulting from the company's IPO in August 1991.
 "Zebra's strong results can in large part be attributed to our focus on commercial and industrial applications," Whitchurch said. "We are not affected by the slow-down in the retail sector of the economy as are other companies in the automatic identification industry. Our markets continue to show resilience and strong growth despite overall weakness in the economy."
 Zebra Technologies manufactures a broad line of thermal transfer demand label printers and associated supplies which are marketed world- wide through a multiple channel distribution system to the non-retail segment of the automatic identification industry.
 ZEBRA TECHNOLOGIES
 Summary Financial Results
 For The Three Months Ended 9/26/92 9/28/91
 Sales $14,643,000 $11,907,000
 Net Profits $ 3,106,000 $ 2,236,000
 EPS $ .26 $ .20
 Average Shares 11,978,000 11,448,000
 For the Nines Months Ended 9/26/92 9/28/91
 Sales $42,741,000 $32,807,000
 Net Profits $ 8,551,000 $ 5,924,000
 EPS $ .71 $ .53
 Average Shares 11,978,000 11,905,000
 -0- 10/21/92
 /CONTACT: Charles R. Whitchurch, CFO of Zebra Technologies, 708-634-6700/ CO: Zebra Technologies Corp. ST: Illinois IN: SU: ERN


SM -- NY116 -- 3133 10/21/92 17:07 EDT
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Publication:PR Newswire
Date:Oct 21, 1992
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