Stryker Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 25, 2019 at 04:07 pm EDT
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Stryker Corporation announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 3,650 million compared to USD 3,322 million a year ago. Operating income was USD 613 million compared to USD 672 million a year ago. Net income was USD 480 million compared to USD 452 million a year ago. Basic earnings per share was USD 1.29 compared to USD 1.21 a year ago. Diluted earnings per share was USD 1.26 compared to USD 1.19 a year ago. For the half year, sales was USD 7,166 million compared to USD 6,563 million a year ago. Operating income was USD 1,141 million compared to USD 1,263 million a year ago. Net income was USD 892 million compared to USD 895 million a year ago. Basic earnings per share was USD 2.39 compared to USD 2.39 a year ago. Diluted earnings per share was USD 2.35 compared to USD 2.35 a year ago.
Stryker Corporation is one of the world's leaders in designing, manufacturing, and selling orthopedic equipments. Net sales break down by family of products as follows:
- surgical equipments and neurotechnology products (57.5%): electric motorized surgical instruments, surgical navigation systems, endoscopy equipment, digital imaging systems, neurosurgery equipments, neurovascular devices, etc. The group also offers hospital beds, gurneys, stretchers, and emergency room equipment;
- orthopedic implants (42.5%): joint prostheses, traumatology implants, micro-implants, orthopedic cement, orthobiology products, etc. The group also provides spinal implants.
At the end of 2022, the group had 48 production sites worldwide.
Net sales are distributed geographically as follows: the United States (73.9%), Europe/Middle East/Africa (12.7%), Asia/Pacific (10.2%) and other (3.2%).
STRYKER CORPORATION 
