Zimmer Biomet reports increased net sales in third-quarter 2023 financial results
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Key takeaways:
- Zimmer Biomet released its third-quarter 2023 financial results.
- The company reported $1.754 billion in net sales and $162.7 million in unadjusted net earnings for the quarter.
Zimmer Biomet Holdings Inc. has released financial results for the third quarter of 2023, according to a company press release.
Zimmer Biomet reported $1.754 billion in net sales for the quarter, a 5% increase from the prior year period. The company also reported unadjusted net earnings of $162.7 million for the quarter.
“We’re very pleased to report another Zimmer Biomet quarter with strong revenue growth and earnings per share. Our team continues to successfully drive execution and growth, focusing on innovation to create value for the stakeholders we serve,” Ivan Tornos, president and CEO of Zimmer Biomet, said in the release.
“As Zimmer Biomet's new CEO, I'm more confident than ever in our team, our full year expectations for 2023 and that our solid growth — on both the top and bottom lines — will continue in 2024,” Tornos added.
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