Stryker Corporation (SYK) announced that it would launch its Gamma4 Hip Fracture Nailing System on a live broadcast event in Germany on Jun 4, 2024. The company has completed more than 35 surgeries successfully using the Gamma 4 hip Fracture Nailing System across France, Italy, the U.K. and Switzerland as initial use cases. SYK will provide key insights and case discussions during the launch event. Per the Swiss surgeons who performed the surgeries, Gamma4 provides several essential elements to improve surg ...

Stryker Corporation (SYK) recently initiated a voluntary correction for the application software in the Mako Total Knee system. The company issued an urgent field safety notice due to increased software error #3 code. The error code is reflected when a Mako system shutdown or restart is not performed before switching between total knee and total hip applications. Per the company, the potential harms of this issue are complications associated with extended surgery. Price Performance For the past six months, ...

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, 2024 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.) 1941 Stry ...

Stryker Corporation (SYK) reported first-quarter 2024 adjusted earnings per share (EPS) of $2.50, which beat the Zacks Consensus Estimate of $2.35 by 6.4%. The bottom line also improved 16.8% year over year. GAAP EPS was $2.05, up 33.1% from the year-ago quarter’s level. Price Performance SYK’s shares have risen 19.5% year to date compared with the industry's growth of 6.7%. The S&P 500 Index has increased 10.1% in the same period. Image Source: Zacks Investment Research Revenue Details Revenues totaled $5. ...

Start Time: 16:30 January 1, 0000 5:28 PM ET Stryker Corporation (NYSE:SYK) Q1 2024 Earnings Conference Call April 30, 2024, 16:30 PM ET Company Participants Kevin Lobo - Chair and CEO Glenn Boehnlein - VP and CFO Jason Beach - VP, Finance and IR Conference Call Participants Robert Marcus - JPMorgan Lawrence Biegelsen - Wells Fargo Securities Ryan Zimmerman - BTIG Joanne Wuensch - Citibank Pito Chickering - Deutsche Bank Shagun Singh Chadha - RBC Capital Vijay Kumar - Evercore Travis Steed - Bank of America ...

Stryker (SYK) reported $5.24 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.7%. EPS of $2.50 for the same period compares to $2.14 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.05 billion, representing a surprise of +3.74%. The company delivered an EPS surprise of +6.38%, with the consensus EPS estimate being $2.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Stryker (SYK) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.38%. A quarter ago, it was expected that this medical device maker would post earnings of $3.27 per share when it actually produced earnings of $3.46, delivering a surprise of 5.81%.Over the last four quarters, the compan ...

Exhibit 99.1 STRYKER REPORTS FIRST QUARTER 2024 OPERATING RESULTS Portage, Michigan - April 30, 2024 - Stryker (NYSE:SYK) reported operating results for the first quarter of 2024: First Quarter Results • Reported net sales increased 9.7% to $5.2 billion • Organic net sales increased 10.0% • Reported operating income margin of 18.5% • Adjusted operating income margin(1) increased 80 bps to 21.9% • Reported EPS increased 33.1% to $2.05 • Adjusted EPS(1) increased 16.8% to $2.50 First Quarter Net Sales Growth ...

Wall Street analysts expect Stryker (SYK) to post quarterly earnings of $2.35 per share in its upcoming report, which indicates a year-over-year increase of 9.8%. Revenues are expected to be $5.06 billion, up 5.8% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a company's earnings disclosure, it is crucial to give du ...

The global orthopedic space has seen significant transformative changes in recent times. Major players like Stryker (SYK) and Zimmer Biomet (ZBH) have rapidly adopted differentiated strategies to make up for the lost growth during the pandemic.Both these S&P 500 players, who have started their 2024 journey on an optimistic note, are due to report first-quarter 2024 results in the upcoming week. Accordingly, it’s time for investors to revisit their quarter’s takeaway and assess the overall growth potential t ...