Stryker (SYK) Tops Q2 EPS by 9c, Revenues Beat

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Stryker reports second quarter 2020 operating results

July 30, 2020 4:06 PM EDT

Kalamazoo, Michigan, July 30, 2020 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the second 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 postponement of deferrable medical procedures and social contact restrictions, which have had a significant negative impact on Strykers operations and financial results.

Second Quarter Results

Reported net sales decreased 24.3% to $2.8 billionOrganic net sales decreased... More