Oct 28 (Reuters) - Barcode scanner maker Zebra

Technologies ( ZBRA ) forecast its fourth-quarter profit above

Wall Street estimates on Tuesday, betting on stable demand for

its products and as cost cuts pay off.

Shares of the company rose 6.2% in premarket trading.

After economic uncertainty hammered its results in 2023,

demand for Zebra's products has been recovering, led by portable

devices that workers use across different industries, including

retail, warehouses, healthcare and manufacturing.

The company said it expects customers to focus on medium or

small-sized deals, spread out over a longer time, for the rest

of the year, as businesses stay cautious about spending.

On an adjusted basis, Zebra expects a fourth-quarter profit

between $3.80 and $4.00 per share, compared with analysts'

average estimate of $3.54, according to data compiled by LSEG.

The Lincolnshire, Illinois-based company expects fourth

quarter revenue to grow between 28% and 31%, the mid-point of

which was higher than analysts' expectation of a growth of

24.3%, according to data compiled by LSEG.

Its results for the third-quarter also benefited from a

cost-saving plan that included a voluntary retirement plan,

which was meant to reduce labor costs.

Operating expenses fell 3.9% in the quarter ended Sept. 30.

Zebra reported revenue of $1.26 billion, above analysts'

estimates of $1.22 billion. Its adjusted profit of $3.49 per

share beat analysts' expectations of $3.24.