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Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and NARI Deal Set to Drive Future Growth - Stryker (NYSE:SYK)

Summary by Benzinga
Wall Street analysts rerated Stryker Corp (NYSE:SYK) Wednesday after the company’s fourth-quarter print. Stryker reported quarterly earnings of $4.01 per share, which beat the analyst consensus estimate of $3.87. The company reported quarterly sales of $6.44 billion, up by 10.7%, which beat the analyst consensus estimate of $6.36 billion. Also Read: Nasdaq Touts 10% Revenue Growth In Q4, Sets 2025 Expense And Tax Guidance Several analysts rerate…

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BenzingaBenzinga

Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and NARI Deal Set to Drive Future Growth - Stryker (NYSE:SYK)

Wall Street analysts rerated Stryker Corp (NYSE:SYK) Wednesday after the company’s fourth-quarter print. Stryker reported quarterly earnings of $4.01 per share, which beat the analyst consensus estimate of $3.87. The company reported quarterly sales of $6.44 billion, up by 10.7%, which beat the analyst consensus estimate of $6.36 billion. Also Read: Nasdaq Touts 10% Revenue Growth In Q4, Sets 2025 Expense And Tax Guidance Several analysts rerate…

·New York, United States
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medtechdive.commedtechdive.com

Stryker to sell spinal implants business

The company named a new CFO and shared an update on its planned Inari Medical acquisition.

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Globe NewswireGlobe Newswire

Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business

Portage, Michigan, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK), a global leader in medical technologies, announced today a definitive agreement...

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beckersasc.combeckersasc.com

Stryker to sell spine business: 8 notes for ASCs

"Discover the latest news in the orthopedic and spine industry as Stryker plans to sell off its U.S. spinal implants business to investment firm Viscogliosi Bro

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Ortho Spine News | Your Trusted Voice for Medical Device Industry Ortho NewsOrtho Spine News | Your Trusted Voice for Medical Device Industry Ortho News

Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business – Ortho Spine News

Portage, Michigan, Jan. 28, 2025 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK), a global leader in medical technologies, announced today a definitive agreement to sell its U.S. spinal implants business to Viscogliosi Brothers, LLC, a family-owned investment firm specializing in the neuro-musculoskeletal space, to create a newly formed company called VB Spine, LLC. “We believe that the spinal implants business, with its comprehensive portfolio and strong

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Globe Newswire broke the news in on Tuesday, January 28, 2025.
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