Stryker (SYK) Tops Q1 EPS by 4c, Offers Q2 and FY Guidance
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Stryker reports first quarter 2019 operating results
April 23, 2019 4:06 PM EDTKalamazoo, Michigan, April 23, 2019 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the first quarter of 2019:
First Quarter Highlights
Reported net sales increased 8.5% to $3.5 billionOrganic net sales increased 7.3%Reported operating income margin of 15.0%Adjusted operating income margin(1) expanded 10 bps to 25.1%Reported EPS decreased 6.0% to $1.09Adjusted EPS(1) increased 11.9% to $1.88, exceeding the high end of guidance range... More