Zimmer Holdings Reports 3Q Net Sales at $965M, a 1.1% Decrease

Zimmer Holdings reported a $965 million in net sales for the third quarter of 2010, a 1.1 percent decrease from the third quarter of 2009, according to a company news release.

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David Dvorak, Zimmer president and CEO, attributed the decrease to the “challenging global economic conditions.” Adjusted net earnings were reported as $192.4 million, a 2.2 percent increase over the third quarter of 2009.

During this quarter, Zimmer used $225.6 million to acquire 4.2 million shares.

Read the release on the 3Q FY 2010 financial report for Zimmer Holdings.

Read other coverage on Zimmer:

– Zimmer Announces First Implantation of its NCB Periprosthetic Plating System

– Zimmer Plans Reorganization, Cuts 50 Jobs

– Zimmer Introduces Line of Patient Specific Instruments

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