Stryker (SYK) Tops Q1 EPS by 14c, Offers Guidance

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Stryker reports first quarter 2024 operating results

April 30, 2024 4:05 PM EDT

Portage, Michigan, April 30, 2024 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) reported operating results for the first quarter of 2024:

First Quarter Results

Reported net sales increased 9.7% to $5.2 billionOrganic net sales increased 10.0%Reported operating income margin of 18.5%Adjusted operating income margin(1) increased 80 bps to 21.9%Reported EPS increased 33.1% to $2.05Adjusted EPS(1) increased 16.8% to $2.50... More