Zimmer Biomet Holdings (ZBH) Tops Q4 EPS by 3c, Revenues Beat; Offers FY20 EPS Guidance
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Zimmer Biomet Announces Fourth Quarter and Full-Year 2019 Financial Results
February 4, 2020 6:00 AM ESTWARSAW, Ind., Feb. 4, 2020 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter and year ended December 31, 2019. The Company reported fourth quarter net sales of $2.126 billion, an increase of 2.6% over the prior year period, and an increase of 3.2% on a constant currency basis. Net sales for the full year were $7.982 billion, an increase of 0.6% over 2018 and an increase of 2.2% on a constant currency basis. Net earnings for the fourth quarter were $321 million and $478 million on an adjusted basis, and for the full year were $1.132 billion and $1.626 billion on an adjusted basis.
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