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Stryker reports third quarter 2023 operating results

Kalamazoo, Michigan, Nov. 02, 2023 (GLOBE NEWSWIRE) Stryker (NYSE:SYK) reported operating results for the third quarter of 2023: Third Quarter Results Reported net sales increased 9.6% to $4.9 billionOrganic net sales increased 9.2%Reported operating income margin of 19.0%Adjusted operating income margin(1) increased 110 bps to 23.4%Reported EPS decreased 15.9% to $1.80 Adjusted EPS(1) increased 16.0% to $2.46 Third Quarter Net Sales Growth Overview Reported Foreign Currency Exchange Constant ....

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Stryker reports 2020 operating results and 2021 outlook


Published: Jan 27, 2021
Kalamazoo, Michigan, Jan. 27, 2021 (GLOBE NEWSWIRE) Stryker (NYSE:SYK) reported operating results for the fourth quarter and full year of 2020 and 2021 outlook:
The response to the COVID-19 pandemic has included measures to slow the spread of the virus taken by governments and health care authorities globally, including the postponement of deferrable medical procedures and social contact restrictions, which have had a significant negative impact on our operations and financial results.
Fourth Quarter Results
Organic net sales decreased 1.1%
Reported operating income margin of 17.6%
Adjusted operating income margin
29.2%
Adjusted EPS
 
 
%
In spite of COVID-19 outbreaks that intensified through the quarter, our teams showed good resilience and delivered a solid quarter of financial results, said Kevin Lobo, Chairman and Chief Executive Officer. As we saw with prior pandemic spikes, the impacts were ....

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