Zimmer Biomet reports $1.7B in sales during Q1: 4 notes


Medical device company Zimmer Biomet reported $1.7 billion in first quarter net sales during the first quarter of 2022.

Four notes on Zimmer Biomet's first quarter financial results: 

1. Zimmer Biomet's net sales from continuing operations saw a 3.9 percent increase from the first quarter of 2021, the company said May 3. 

2. The company saw $73 million in net earnings from continuing operations.

3. Diluted earnings per share from continuing operations for the company were $0.35.

4. Zimmer Biomet also completed the spinoff of ZimVie, its spine and dental business, in March.

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