Zebra Technologies exceeded Q3 expectations with earnings of $3.88 per share and sales of $1.32 billion. The company forecasts Q4 earnings of $4.30 per share on sales of $1.46 billion. ZBRA stock rose 1.4% in premarket trading. Zebra specializes in inventory and asset management systems for various industries.

Zebra stock has been consolidating for 13 weeks at a buy point of 352.66. The company offers hardware and software solutions for digitalizing workflows in retail, healthcare, manufacturing, and transportation sectors. Follow @IBD_PSeitz for more stories on tech, software, and semiconductor stocks.

In related news, Cadence Design Systems reported Q3 earnings, while Qualcomm entered the AI data center market. Discover profitable trades with MarketDiem and find winning stocks using MarketSurge pattern recognition. Join IBD Live for stock ideas every morning before the market opens.

Read more at Investor’s Business Daily: ZBRA Stock: Zebra Technologies Tops Q3 Views