Zebra Technologies Corp reported fourth-quarter FY21 non-GAAP net sales growth of 11.7 percent year-on-year to $1.47 billion, beating the consensus of $1.46 billion. Consolidated organic net sales for the quarter increased 10 percent. Net sales in the Enterprise Visibility & Mobility segment rose from $888 million to $1.02 billion. Asset Intelligence & Tracking segment net sales grew to $444 million from $425 million. Margins The non-GAAP gross margin contracted 210 bps to 45.7 percent. The non-GAAP EBITDA margin contracted 180 bps to 21.7 percent. Non-GAAP EPS of $4.54 beat the consensus of $4.40. Zebra held $332 million in cash and equivalents. Outlook Zebra sees Q1 FY22 net sales to increase 1 percent – 3 percent Y/Y, representing $1.364 billion – $1.391 billion, below the consensus of $1.410 billion. It sees non-GAAP EPS of $3.70-$4.00, below the consensus of $4.40. Zebra sees FY22 net sales to increase 3 percent – 7 percent, representing …