Stryker (SYK) Tops Q1 EPS by 15c, Revenues Beat

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Stryker reports first quarter 2020 operating results

April 30, 2020 4:06 PM EDT

Kalamazoo, Michigan, April 30, 2020 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the first quarter of 2020:

The response to the COVID-19 pandemic has included unprecedented measures to slow the spread of the virus taken by local governments and health care authorities globally, including the deferral of elective medical procedures and social contact restrictions, which have had a significant negative impact on Strykers operations and financial results.

First Quarter Results

Reported net sales increased 2.0% to $3.6 billionOrganic net sales increased... More