Memphis, Tenn.-based Smith & Nephew’s revenues for the second quarter were $926 million, down 8 percent from $1 billion in 2008, according to a report in the Memphis Business Journal.
The medical device manufacturer’s trading profit was $212 million in the second quarter, up from $198 million in 2008.
According to the report, Smith & Nephew’s total revenues for the year were down 6 percent from 2008 to $531 million, and officials cited a rise in deferred procedures for the drop in orthopedics.
Read the Business Journal’s report about Smith & Nephew’s second-quarter results.
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