Stryker (SYK) Tops Q3 EPS by 2c, Offers Guidance

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Stryker reports third quarter 2023 operating results

November 2, 2023 4:17 PM EDT

Kalamazoo, Michigan, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the third quarter of 2023:

Third Quarter Results

Reported net sales increased 9.6% to $4.9 billionOrganic net sales increased 9.2%Reported operating income margin of 19.0%Adjusted operating income margin(1) increased 110 bps to 23.4%Reported EPS decreased 15.9% to $1.80 Adjusted EPS(1) increased 16.0% to $2.46... More