Net sales were $1,097 million in the second quarter of 2019 compared to $1,012 million in the second quarter of 2018. Net sales in the Enterprise Visibility & Mobility (EVM) segment were $727 million in the second quarter of 2019 compared with $661 million in the second quarter of 2018. Asset Intelligence & Tracking (AIT) segment net sales were $370 million in the second quarter of 2019 compared to $351 million in the prior year period.
Second-quarter 2019 gross profit was $520 million compared to $472 million in the comparable prior year period. Net income for the second quarter of 2019 was $124 million, or $2.26 per diluted share, compared to net income of $70 million, or $1.29 per diluted share, for the second quarter of 2018.
“Our second quarter results were driven by continued broad-based demand for our solutions with particular strength in mobile computing. We delivered profitable sales growth, and EBITDA margin and earnings per share each exceeded our outlook,” said Anders Gustafsson, CEO of Zebra Technologies. “We remain on track to achieve our full-year 2019 sales growth target and are increasing our EBITDA margin outlook due to improved productivity in the business.”
Consolidated net sales were $1,097 million in the second quarter of 2019 compared to $1,012 million in the prior year period, an increase of 8.4%. Consolidated organic net sales growth for the second quarter was 7.0% reflecting solid growth in North America, EMEA and APAC. Second-quarter year-over-year organic net sales growth was 9.2% in the EVM segment and 2.9% in the AIT segment.
Consolidated adjusted gross margin was 47.7% in the second quarter of 2019, compared to 46.7% in the prior year period. This increase was primarily due to higher productivity and cost efficiency, particularly in support services.
Adjusted EBITDA for the second quarter of 2019 increased to $233 million, or 21.2% of adjusted net sales, compared to $199 million, or 19.7% of adjusted net sales, for the second quarter of 2018 primarily due to higher gross margin and lower operating expenses as a percentage of net sales.
As of June 29, 2019, the company had cash and cash equivalents of $27 million and total debt of $1,724 million.
Free cash flow was $165 million for the first six months of 2019. The company generated $195 million of operating cash flow and incurred capital expenditures of $30 million.
The company expects full-year 2019 net sales to increase approximately 5% to 8% from 2018. This expectation includes an approximately 2 percentage point positive impact from recently acquired businesses, and an approximately 1 percentage point negative impact from foreign currency translation.
Adjusted EBITDA margin is expected to be approximately 22% for the full-year 2019, favorable to 2018 and our prior outlook.
For the full-year 2019, the company expects to generate free cash flow of at least $625 million.