Workflow
Stryker(SYK)
icon
Search documents
Stryker(SYK) - 2021 Q2 - Earnings Call Transcript
2021-08-01 02:58
Vocera Communications, Inc. (VCRA) Q2 2021 Earnings Conference Call July 29, 2021 5:00 PM ET Company Participants Sue Dooley - Investor Relations Brent Lang - Chief Executive Officer Steve Anheier - Chief Financial Officer Conference Call Participants Sean Dodge - RBC Capital Markets Scott Schoenhaus - Stephens Ryan Daniels - William Blair David Larsen - BTIG Karan Juvekar - Morgan Stanley Iris Long - Berenberg Matt Hewitt - Craig-Hallum Capital Michael Polark - Baird Stephanie Davis - SVB Leerink David Win ...
Stryker(SYK) - 2021 Q2 - Quarterly Report
2021-07-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13149 STRYKER CORPORATION (Exact name of registrant as specified in its charter) | Michigan | | 38-1239739 | | --- | --- | --- | | (State of incorporation) | | (I.R.S. Emplo ...
Stryker(SYK) - 2021 Q1 - Earnings Call Transcript
2021-05-03 02:22
Vocera Communications, Inc. (VCRA) Q1 2021 Earnings Conference Call April 29, 2021 5:00 PM ET Company Participants Sue Dooley - Director of Investor Relations Brent Lang - Chief Executive Officer Justin Spencer - Chief Financial Officer Steve Anheier - Vice President, Finance and Accounting Conference Call Participants Sean Wieland - Piper Sandler Sean Dodge - RBC Capital Markets Ryan Daniels - William Blair Scott Schoenhaus - Stephens Inc. Gene Mannheimer - Colliers Securities Matt Hewitt - Craig-Hallum Ca ...
Stryker(SYK) - 2021 Q1 - Quarterly Report
2021-04-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13149 STRYKER CORPORATION (Exact name of registrant as specified in its charter) | Michigan | 38-1239739 | | --- | --- | | (State of incorporation) | (I.R.S. Employer Ident ...
Stryker Corp (SYK) Presents at Cowen Healthcare Broker Conference Call - (Transcript)
2021-03-03 04:41
Summary of Stryker Corp Conference Call Company Overview - **Company**: Stryker Corporation (NYSE: SYK) - **Date**: March 2, 2021 - **Participants**: Andrew Pierce (Group President, MedSurg & Neurotechnology), Preston Wells (VP, IR), Joshua Jennings (Cowen and Company) Key Industry Insights - **Elective Procedures**: The company observed a disruption in elective procedures due to COVID-19 but noted improvements in procedural volumes as hospitalization and infection rates declined. The expectation is for procedural volumes to continue increasing throughout the year [4][5][6] - **Pandemic Impact**: The pandemic has created a backlog of elective procedures that will contribute to growth as the situation normalizes. The trauma business has seen some positive effects from the pandemic disruptions [7][8] - **Capital Equipment Trends**: The capital spending environment for hospitals is improving, with expectations for recovery in capital purchasing as elective procedures resume. The company noted that capital represents about 45% of the MedSurg business, with 30% being small capital and 15% large capital [13][33] Financial Performance and Guidance - **Revenue Growth**: Stryker guided for corporate-wide revenue growth of 8% to 10% off the 2019 base, with expectations for MedSurg and Neurotechnology to be accretive to this growth [6][17][24] - **Market Recovery**: The company is optimistic about recovery in the capital equipment market, with signs of normalization observed in early 2021. The expectation is that as elective procedures return, capital purchases will follow suit [14][16][39] Product and Business Segment Highlights - **Mako Installations**: Record installations of Mako robotic systems in 2020 are expected to drive growth in knee and hip procedures as utilization increases [8] - **Neurovascular Business**: The neurovascular segment is expected to see significant growth, particularly with new product launches and a focus on ischemic stroke care, which presents a substantial market opportunity [50][51] - **Endoscopy and Sports Medicine**: The endoscopy business is performing well, with strong demand for surgical visualization and fluorescence imaging. The sports medicine segment has also shown high growth potential due to strategic acquisitions [43][45] M&A Strategy - **Tuck-in Acquisitions**: Stryker's M&A strategy focuses on tuck-in acquisitions that enhance its existing product portfolio. The company continues to explore opportunities for smaller acquisitions that can contribute to growth [26][30] - **Integration Process**: The integration of acquired companies is a key focus, with lessons learned from past acquisitions being applied to new deals. The company emphasizes a decentralized approach to business development [27][29] Market Outlook - **Competitive Landscape**: Stryker expects to outperform the market in the neurovascular space, with growth rates anticipated to exceed the market average of 13% to 15% [50][51] - **Long-term Growth**: The company remains confident in its ability to maintain high single-digit growth rates in its MedSurg and Neurotechnology segments, supported by a strong product portfolio and sales organization [23][24] Additional Considerations - **COVID-19 Vaccine Impact**: There is an expectation that some patients may defer elective procedures until vaccinated, but the rollout of vaccines is anticipated to accelerate recovery in procedural volumes [11][12] - **Product Launches**: New product launches, such as the ProCuity bed for acute care, are expected to drive demand and contribute positively to revenue growth [36][37] This summary encapsulates the key points discussed during the Stryker Corporation conference call, highlighting the company's outlook, market trends, and strategic initiatives.
Stryker(SYK) - 2020 Q4 - Earnings Call Transcript
2021-02-12 04:22
Vocera Communications, Inc. (VCRA) Q4 2020 Earnings Conference Call February 11, 2021 5:00 PM ET Company Participants Sue Dooley - Director of Investor Relations Brent Lang - Chief Executive Officer Justin Spencer - Chief Financial Officer Conference Call Participants Sean Dodge - RBC Capital Markets Scott Schoenhaus - Stephens Vikram Kesavabhotla - Guggenheim Securities Ryan Daniels - William Blair Sean Wieland - Piper Sandler Benjamin Fowler - Jefferies Matt Hewitt - Craig-Hallum Capital David Larsen - UT ...
Stryker(SYK) - 2020 Q4 - Annual Report
2021-02-10 16:00
| | | Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-13149 STRYKER CORPORATION (Exact name of registrant as specified in its charter) | Michigan | | | 38-1239739 | | --- | --- | --- | --- | | (State of incorporation) | | | (I.R.S. Employer Identification No.) | | 2825 Airv ...
Stryker (SYK) Presents At 3rd Annual HealthCONx Virtual Conference - Slideshow
2020-12-04 14:02
Disclaimer This presentation contains information that includes or is based on forward-looking statements within the meaning of the federal securities laws that are subject to various risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such statements. Such factors include, but are not limited to: the impact on our operations and financial results of the COVID-19 pandemic and any related policies and actions by governments or other third partie ...
Stryker Corporation (SYK) Presents at Evercore ISI Third Annual HealthCONx Conference - Conference Call Transcript
2020-12-03 17:04
Stryker Corporation (NYSE:SYK) Company Conference Call December 3, 2020 9:00 AM ET Company Participants Spencer Stiles - Group President, Orthopedics and Spine Preston Wells - Vice President, Investor Relations Conference Call Participants Vijay Kumar - Evercore ISI Vijay Kumar Okay, thanks everyone for joining us this morning. Very pleased to have Stryker with us. It’s fascinating what’s going on in this space. Just when I thought that orthopedics, there’s no innovation, there’s a lot going on in the space ...
Stryker(SYK) - 2020 Q3 - Earnings Call Transcript
2020-11-01 13:50
Vocera Communications, Inc. (VCRA) Q3 2020 Earnings Conference Call October 29, 2020 5:00 PM ET Company Participants Sue Dooley - Director of Investor Relations Brent Lang - Chief Executive Officer Justin Spencer - Chief Financial Officer Conference Call Participants Matthew Gillmor - Baird Sean Wieland - Piper Sandler Vikram Kesavabhotla - Guggenheim Securities Sean Dodge - RBC Capital Markets Ryan Daniels - William Blair Dave Windley - Jefferies Matt Hewitt - Craig-Hallum Capital Operator Good afternoon, ...