Zimmer Biomet's Q3 sales dip slightly: 4 notes


Zimmer Biomet saw a less than 1 percent decrease in third quarter sales and growth in its hip and knee revenue, according to results posted Nov. 2.

Four things to know.

1. Net sales were $1.7 billion, a 0.9 percent decrease from the same time last year. U.S. sales were $973 million, and international sales were $696.8 million.

2. Knee sales of $657 million represent a 1.4 percent increase year-over-year. Hip sales grew 3.1 percent year-over-year at $468 million.

3. The sports medicine, extremities, trauma, craniomaxillofacial and thoracic business segment saw a 6.4 percent decrease in year-over-year sales with $409.4 million.

4. Net earnings were $194 million.

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