Stryker (SYK) stock moves higher as Q4 numbers exceed expectations
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Stryker reports 2023 operating results and 2024 outlook
January 30, 2024 4:05 PM ESTPortage, Michigan, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the fourth quarter and full year of 2023:
Fourth Quarter Results
Reported net sales increased 11.8% to $5.8 billionOrganic net sales increased 11.4%Reported operating income margin of 21.6%Adjusted operating income margin(1) increased 60 bps to 27.2%Reported EPS increased 102.7% to $2.98Adjusted EPS(1) increased 15.3% to $3.46... More