- First-quarter net sales increased 11.8% from last year to $4.8 billion; organic net sales increased by 13.6%
- The operating income margin, on an unadjusted basis, was 15.4%
- Adjusted operating income margin declined 70 basis points annually to 21.1%
- Earnings, including special items, rose sharply to $592 million or $1.54 per share $323 million or $0.84 per share
- On an adjusted basis, earnings were $2.14 per share, up from $1.97 per share reported last year
Market News
A snapshot of Stryker’s (SYX) Q1 2023 financial performance
Medical technology company Stryker Corporation (NYSE: SYK) announced operating results for the first quarter of 2023, reporting higher sales and profit. First-quarter net sales increased 11.8% from last year to $4.8 billion; organic net sales increased by 13.6% The operating income margin, on an unadjusted basis, was 15.4% Adjusted operating income margin declined 70 basis points annually to 21.1% Earnings, including special items, rose […]
NYSE
$SYX · Earnings
“Medical technology company Stryker Corporation (NYSE: SYK) announced operating results for the first quarter of 2023, reporting higher sales and profit. First-quarter net sales increased 11.8% from last year to $4.8 billion; organic net sales increased by 13.6% The operating income margin, on an unadjusted basis, was 15.4% Adjusted operating income margin declined 70 basis points annually to 21.1% Earnings, including special items, rose […]
· May 1, 2023
Medical technology company Stryker Corporation (NYSE: SYK) announced operating results for the first quarter of 2023, reporting higher sales and profit.
ADVERTISEMENT