Categories Earnings, Health Care
Earnings Summary: A snapshot of Zimmer Biomet Holdings’ Q3 2023 results
Medical technology company Zimmer Biomet Holdings, Inc. (NYSE: ZBH) on Tuesday reported an increase in third-quarter sales and adjusted profit.
- Third-quarter net sales increased 5% year-over-year to $1.75 billion; on a constant currency basis, the growth was 4.7%
- Revenues increased 6% annually in the United States, while international revenues moved up 3.6%
- Net income came in at $162.7 million or $0.77 per share in the September quarter, compared to $194 million or $0.92 per share a year earlier
- On an adjusted basis, Q3 profit increased to $1.65 per share from $1.58 per share in the prior-year period
- The company said it appointed Ivan Tornos as the president and chief executive officer
- The management expects reported revenue to grow in the range of 6.0% to 6.5% in fiscal 2023
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal
