Jefferies Raises Price Target on Zimmer Biomet Holdings (ZBH) Following 2Q
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Zimmer Biomet Reports Second Quarter 2016 Financial Results
July 28, 2016 7:30 AM EDTWARSAW, Ind., July 28, 2016 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended June 30, 2016.  The Company reported second quarter net sales of $1.93 billion, an increase of 65.6% and an increase of 4.5% on an adjusted pro forma, constant currency basis, compared to the second quarter of 2015. Diluted net loss per share for the quarter was $(0.16), compared to a net loss per share of $(1.00) for the prior year period, and adjusted diluted earnings per share for the quarter were $2.02, an increase of 27.8% adjusted over the prior year... More
