Stryker Corp. reported an increase in first-quarter earnings and revenue, supported by steady demand for its medical technology. The company provided a bullish outlook for the remainder of the fiscal year.
- GAAP earnings increased to $745 million from $654 million YoY
- EPS rose to $1.93 from $1.69
- Quarterly revenue grew 2.6% to $6.020 billion
- Adjusted earnings reached $1.004 billion ($2.60 per share)
- Full-year EPS guidance set at $14.90 - $15.10
- Full-year revenue growth projected at 8% - 9%
Sign up free to read the full analysis
Create a free account to unlock full AI-curated market articles, personalized alerts, and more.