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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