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  "documentTitle": "Zebra Technologies Corp. (ZBRA)",
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  "presentationDate": "2024-08-08 00:00:00",
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      "text": "Zebra experienced an uplift in sales from shifting down market to small and medium-sized businesses (\"SMBs\") during COVID19 and even introduced a new product targeted at the segment. Zebra's acquisitions have also been of smaller companies with potentially smaller customers. Yet, its allowance for doubtful accounts has been in a long-term decline with a modest increase since mid 2022. It is possible that Zebra is factoring lower quality receivables or retaining them and under-reserving for bad debts which would overstate earnings.",
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      "text": "I mean our small business -- small, medium business, we think as a run rate continues to be strong, right? We've seen that throughout the year, which is a good sign of the underlying business. The same business that Anders has talked about is served by our partners and distributors around the globe. And we haven't seen any change there — Burns, Stevens Conf Nov 16, 2022. Particularly (organic net sales growth) strong growth from small business through the channel, partially driven by pent-up demand. — Q2 2021 Earnings Presentation. Yesterday, we announced the launch of Zebra's first cloud connected label printer designed specifically for the small business, home office customer. Featuring eco-friendly cartridges and mobile application software to easily design and print labels from anywhere. With the launch of the ZXP Series printer, we enter an approximately $400 million market with an attractive recurring supplies revenue stream. We have been innovating at a record pace despite the pandemic, and this so called label printing offering is a proof point of our focus on expanding into attractive adjacent markets where we can provide a differentiated offering. — CEO Gustafsson, Q1 2021 May 5, 2021",
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      "text": "Source: Zebra financials, Q1'21 Conference Call, Q2'21 Conference Presentation",
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      "text": "Small & Medium-Sized Business During COVID19 Likely Provided A Short-Term Uplift To Zebra's Sales",
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