UPDATE 3-Zebra Tech Q3 beats Street, sees markets stabilizing
* Q3 adj EPS of 23 cents beat estimates by 2 cents
* Q3 revenue down 18 pct
* Sees Q4 sales of $200 mln-212 mln vs est $204.9 mln
* Sees Q4 EPS of 18 cents to 25 cents
* Shares recover from early losses, up 2 pct (Recasts; Adds CEO comments, details, updates share movement)
By Shrutika Verma
BANGALORE, Nov 4 (Reuters) - Zebra Technologies Corp (ZBRA.O: Quote, Profile, Research), which makes specialty business printers, posted a quarterly profit that beat expectations, helped by increased demand for its products, and said its markets have stabilized.
Zebra shares, which fell 5 percent after the company gave a fourth-quarter outlook range whose lower end fell short of estimates, recovered and rose more than 2 percent to $25.65 after the company's positive comments.
The economy generally is strengthening and that should help improve business trends, Chief Executive Anders Gustafsson told Reuters. Continued...
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