Stryker (SYK) Tops Q4 EPS by 16c, Offers FY23 Guidance

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Stryker reports 2022 operating results and 2023 outlook

January 31, 2023 4:05 PM EST

Kalamazoo, Michigan , Jan. 31, 2023 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the fourth quarter and full year of 2022:

Fourth Quarter Results

Reported net sales increased 10.7% to $5.2 billionOrganic net sales increased 13.2%Reported operating income margin of 15.6%Adjusted operating income margin(1) contracted 70 bps to 26.6%Reported EPS decreased 15.0% to $1.47Adjusted EPS(1) increased 10.7% to $3.00  Fourth Quarter... More