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LINCOLNSHIRE, Ill. - Zebra Technologies Corporation (NASDAQ:ZBRA), a $17 billion market cap technology solutions provider, announced Monday the appointment of Mary McDowell to its Board of Directors, effective July 25, 2025. McDowell will serve on the Board’s Audit Committee, expanding the total board membership to eleven. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates.
McDowell most recently served as President, CEO, and Board Director of Mitel Networks. Her previous executive roles include CEO of Polycom, Executive Partner at Siris Capital, and Executive Vice President at Nokia, where she led the company’s global feature phone business.
Currently, McDowell serves as Board Chair for Informa TechTarget (NASDAQ-listed) and holds a board position at Arrow Electronics. Her past board experience includes Autodesk, Informa, UBM, and Bazaarvoice.
"Her 30+ years of experience leading global technology organizations through significant business and technology transformations will support our goal of driving long-term value for our shareholders," said Anders Gustafsson, Chair of Zebra Technologies, in a press release statement. The company’s financial health is rated as GOOD by InvestingPro, with six analysts recently revising their earnings expectations upward for the upcoming period.
McDowell holds a Bachelor’s Degree in Computer Science from the University of Illinois Urbana-Champaign.
Zebra Technologies provides solutions for asset visibility, connected frontline workers, and intelligent automation. The company operates in more than 100 countries and counts over 80% of Fortune 500 companies among its customers. With annual revenue of $5.1 billion and healthy profit margins near 49%, the company maintains a strong market position. Discover more detailed insights and analysis in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Zebra Technologies reported impressive financial results for the first quarter of 2025, with earnings per share (EPS) reaching $4.02, surpassing the forecasted $3.62. The company’s revenue also exceeded expectations, totaling $1.31 billion compared to the anticipated $1.29 billion. This strong performance was further highlighted by an 11% increase in Q1 revenues, which was above both the consensus forecast and the higher end of their guidance. Despite facing tariff-related challenges, Zebra Technologies maintained a positive outlook for the second quarter and the entire year of 2025. The company reiterated its 2025 revenue projections, with only a slight adjustment in earnings expectations. Additionally, Zebra Ventures, the corporate venture capital arm of Zebra Technologies, made a strategic investment in Xemelgo, a firm specializing in cloud-based RFID software solutions. In another development, Needham analysts revised their price target for Zebra Technologies, lowering it to $325 from $395, while maintaining a Buy rating. This adjustment came after the company’s first-quarter results surpassed market expectations.
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