Stryker (SYK) Tops Q1 EPS by 13c; Issues Strong Outlook

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Go back to Stryker (SYK) Tops Q1 EPS by 13c; Issues Strong Outlook

Stryker reports first quarter 2023 operating results

May 1, 2023 4:05 PM EDT

Kalamazoo, Michigan, May 01, 2023 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the first quarter of 2023:

First Quarter Results

Reported net sales increased 11.8% to $4.8 billionOrganic net sales increased 13.6%Reported operating income margin of 15.4%Adjusted operating income margin(1) contracted 70 bps to 21.1%Reported EPS increased 83.3% to $1.54Adjusted EPS(1) increased 8.6% to $2.14... More