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Orthopaedic Industry News & Orthopaedic Company News | Orthogate Professionals

Details
By laura@beckersasc.com (Laura Dyrda)
laura@beckersasc.com (Laura Dyrda)
Industry News
20 July 2016

Stryker Q2 net sales jump 16.8% to $2.8B: 9 key notes

Here are 10 things to know:

1. Stryker reported overall 16.8 percent net sales growth in the second quarter of 2016 to $2.8 billion. The company's three core business lines also reported net sales growth:

• Orthopedics — 4.6 percent
• MedSurg — 33.8 percent
• Neurotechnology and Spine — 9.3 percent

2. Net sales from the Sage Products and Physio-Control acquisitions contributed $240 million to the company's sales in the quarter.

3. Stryker had net earnings of $380 million in the second quarter, down 3.1 percent from the same period last year.

4. In the United States, Stryker reported net sales at $2 billion, a 19.2 percent increase over the same period last year.

Visit Original Source

Last Updated: 20 July 2016
Previous article: St. Jude Medical Reports Second Quarter 2016 Results Prev Next article: Zimmer Biomet, Medtronic, DePuy Synthes & more: 16 key notes Next
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