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 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
