Five things to know:
1. Quarterly net sales grew 5% year-over-year, according to a news release.
2. Knee sales were $706.3 million, a 7.5% increase year-over-year.
3. Hip sales fell 0.6% year-over-year with $465.3 million.
4. Sports medicine, extremities, trauma, craniomaxillofacial and thoracic sales rose 3.3% year-over-year with $423.2 million.
5. Zimmer Biomet is raising its full-year guidance and expects 2023 revenue to increase 6.5% to 7% compared to 2022 sales.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
