Zimmer Biomet announces increased net sales in second-quarter 2024 financial results
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Key takeaways:
- Zimmer Biomet announced its second-quarter 2024 financial results.
- The company reported net sales of $1.942 billion for the quarter.
Zimmer Biomet Holdings Inc. announced increased net sales in its second quarter of 2024 financial results, according to a company press release.
Zimmer Biomet reported net sales of $1.942 billion for the second quarter of 2024, a 3.9% increase from the prior year period. The company also reported net earnings of $242.8 million and diluted earnings per share of $1.18, according to the release.
“We delivered a strong [second quarter] Q2 – beating our expectations on both the top and bottom line, driven by customer demand for our suite of diversified products and solutions, as well as the strength and breadth of our international business,” Ivan Tornos, president and CEO of Zimmer Biomet, said in the release. “Our performance demonstrates the progress we are making against our key priorities that support our long-range plan – people and culture, operational excellence and innovation and diversification.”