Five things to know:
1. Third party net sales in the fourth quarter were $228.2 million, a decrease of 12.4 percent year-over-year.
2. Spine sales of $112.3 million was a 16.9 percent decrease year-over-year. Dental sales were $115.8 million, a 7.6 percent decrease year-over-year.
3. Full year sales for 2022 were $909.5 million, a decrease of 9.8 percent compared to 2021.
4. ZimVie saw a fourth quarter net loss of $30.3 million. In 2022, the company’s net loss was $63.9 million.
5. The company projects to see 2023 net sales of $825 million to $850 million.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 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.
