US specialized printing equipment and RFID solutions supplier Zebra Technologies (Nasdaq: ZBRA) experienced growth in certain Latin American verticals such as financial services, utilities and retail during the third quarter of the year, company CFO Mike Smiley told a conference call with investors.
"Desktop card and tabletop printers performed particularly well in the region," the executive said.
"Improved regional sales coverage lead to shipments of card printers for on-demand credit card printing in Venezuela, as well as mobile printers for beverage distribution and tabletop printers for higher manufacturing activity in Mexico," company CEO Anders Gustafsson said.
Latin America accounted for 9.5% of the company's global sales for the quarter, compared to 9.0% in the same quarter in 2010. Global revenues during the quarter hit US$253mn, up 10% on US$230mn a year ago.