Five key notes:
1. Net sales jumped 3 percent during the third quarter, hitting nearly $1.9 billion.
2. Quarterly net sales in the Americas were up 2.2 percent to $1.1 billion while the Asia Pacific market experienced nearly 9 percent sales increase to $338 million.
3. Knee sales were up 3.8 percent worldwide to $652 million and hip sales increased 3.5 percent to $460 million. However, spine and craniomaxillofacial sales were down nearly 2 percent to $181 million.
4. For the nine months end, the company reported flat net sales at $5.8 billion.
5. Zimmer Biomet reported $578 million in operating cash flow and $425 million in free cash flow. It also paid down $330 million of debt.
More articles on orthopedic devices:
Stryker bets on extremities, to buy Wright Medical for $5.4B: 5 key notes
Conformis revenue down 40% in Q3, net loss hits $8.7M
7 key notes on orthopedic companies
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