Navigation Links
Stryker Reports 7% Sales Growth, 14% Adjusted Net Earnings Growth for Quarter Ended September 30, 2010
Date:10/19/2010

state-of-the-art medical and surgical equipment to help people lead more active and more satisfying lives.  For more information about Stryker, please visit www.stryker.com.STRYKER CORPORATIONFor the Three Month and Nine Month Periods Ended September 30, 2010(Unaudited - In Millions Except Per Share Amounts)Third QuarterNine MonthsCONDENSED STATEMENTS OF EARNINGS

2010 2009 % Change2010 2009 % ChangeNet sales

$
,767.6$
,653.36.9$
5,324.9$
4,888.98.9Cost of sales

540.8538.70.41,661.51,590.54.5GROSS PROFIT

1,226.81,114.610.13,663.43,298.411.1% of Sales

69.467.468.867.5Research, development andengineering expenses

98.683.717.8283.2246.714.8Selling, general andadministrative expenses

643.3643.9(0.1)1,972.91,877.65.1Intangibles amortization

14.48.667.442.326.758.4   Restructuring charges

-67.0(100.0)-67.0(100.0)756.3803.2(5.8)2,298.42,218.03.6OPERATING INCOME

470.5311.451.11,365.01,080.426.3% of Sales

26.618.825.622.1Other income (expense)

(8.6)3.0--(14.7)20.4--EARNINGS BEFORE INCOME TAXES

461.9314.446.91,350.31,100.822.7Income taxes

124.285.445.4371.9299.424.2NET EARNINGS

$
337.7$
229.047.5$
978.4$
801.422.1   Net earnings per shareBasic

$
.85$
.5846.6$
2.46$
2.0221.8Diluted

$
.85$
.5749.1$
2.45$
2.0121.9Average Shares OutstandingBasic

397.0397.6397.0397.2Diluted

398.1399.6399.1399.1RECONCILIATION OF REPORTED NET EARNINGS TO ADJUSTED NET EARNINGSThird QuarterNine Months2010 2009 % Change2010 2009 % ChangeNET EARNINGS Reported net earnings

$
337.7$
229.047.5$
978.4$
801.422.1Restructuring charges

-48.4(100.0)-48.4(100.0)Gain on sale of property, plant and equipment

(13.4)---(13.4)---Income taxes on repatriation of foreign earnings

(7.4)---(7.4)---Adjusted net earnings

$
316.9$
277.414.
'/>"/>

SOURCE Stryker Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine technology :

1. Strykers Biotech Division Receives FDA Warning Letter
2. Stryker Operating Results for Quarter Ended September 30, 2009
3. Stryker Biotech and its Top Management Indicted for Illegal Promotion of Medical Devices Used in Invasive Surgeries
4. Stryker Announces Change in Chairman of the Board of Directors
5. Stryker Modifies Its Dividend Policy and Declares Transition Dividend
6. Stryker to Host Analyst Meeting
7. Stryker Announces Agreements To Acquire Assets
8. Stryker Corporation Announces Pricing of Senior Notes
9. Stryker Updates Expected 2009 Results and Provides 2010 Outlook
10. Stryker Completes Acquisition of Ascent Healthcare Solutions
11. RoundTable Healthcare Partners Announces Sale of Ascent Healthcare Solutions to Stryker Corporation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/30/2014)... -- Decision Resources Group finds that the Asia Pacific ... China , India , Japan ... 2023. Dental implant procedure volumes will grow as physicians are increasingly ... Other key findings from Decision Resources Group,s coverage of the ... , Dental implant penetration: Penetration of dental implants among the ...
(Date:9/30/2014)... 2014 According to ... by Product [Enzymes (Glycosyltransferase, Neuraminidase, Glycosidase), Instruments ... Application (Immunology, Oncology) & by End User ... MarketsandMarkets, provides a detailed overview of the ... trends, and strategies impacting the global glycomics ...
(Date:9/30/2014)...   Easy Breathe , the fastest growing online ... it now offers the revolutionary AirSense CPAPs ... sleep apnea therapy devices with internal cellular modems.  This ... and share real-time data on each user,s quality of ... In addition, the internal modem allows the CPAP to ...
Breaking Medicine Technology:Asia Pacific Dental Implant Market Will Grow at a Strong Rate Through 2023 2Asia Pacific Dental Implant Market Will Grow at a Strong Rate Through 2023 3Glycobiology / Glycomics Market Worth $928.11 Million by 2019 2Glycobiology / Glycomics Market Worth $928.11 Million by 2019 3Glycobiology / Glycomics Market Worth $928.11 Million by 2019 4Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 2Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 3Easy Breathe Now Offers World's First "Smart" CPAP Device to Treat Sleep Apnea 4
... be treated with nephron-sparing approaches when possibleLINTHICUM, Md., ... the affected kidney) is not the best treatment ... patients at risk for chronic kidney disease and ... nephrectomy, thermal ablation and active surveillance, minimize these ...
... Pomegranate juice may slow the progression ... long-term research results being presented at the 104th ... (AUA). Researchers found that men who have undergone ... drinking pomegranate juice. The two-stage clinical trial ...
Cached Medicine Technology:AUA Guideline: Full Kidney Removal Not Necessary for All Kidney Tumors 2AUA Guideline: Full Kidney Removal Not Necessary for All Kidney Tumors 3Men Treated for Localized Prostate Cancer Could Benefit From Pomegranate Juice Consumption 2
(Date:10/1/2014)... Marriagelifeinsurance.com has released a new blog ... couples. , Senior citizens can purchase a joint ... loved ones. A joint policy is cheaper, but will ... , Life insurance can be used to cover ... be purchased online, as the application process is simple ...
(Date:10/1/2014)... 2014 Lifeinsurance-policy.com has released a ... life insurance prices for smokers. , Smoking will always ... Comparing quotes is the best method to find affordable ... customers who need coverage. , Whole life insurance ... the policy. Since the coverage is permanent, the initial ...
(Date:10/1/2014)... WASHINGTON, D.C. and ATLANTA (PRWEB) October 01, ... and information security executive networking and relationship-marketing ... the 2014 Information Security Executive® and Project ... Executives include top-ranking decision makers representing organizations ... and academics. Projects include large-scale technology endeavors ...
(Date:10/1/2014)... N.C. A new genetic finding from Duke Medicine ... anxiety and depression might also be hard-wired to gain ... and heart disease. , An estimated 13 percent of ... genetic susceptibility, and knowing this could help them reduce ... diet, exercise and stress management. , "Genetic susceptibility, psychosocial ...
(Date:10/1/2014)... 2014 Innovations announces the upcoming airing ... on Monday, October 20, 2014 at 7:30 a.m. EST/PT ... go behind the scenes to learn about Break the ... explore the practical help and information Break the Cycle ... warning signs of abuse, how to navigate the legal ...
Breaking Medicine News(10 mins):Health News:Elderly Life Insurance - Find Life Insurance for Retired Couples! 2Health News:Affordable Whole Life Insurance Premiums for Smokers! 2Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 2Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 3Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 4Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 5Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 6Health News:T.E.N. Announces Nominees for the 2014 ISE® North America Awards; People’s Choice Award voting now open to industry at large 7Health News:Gene interacts with stress and leads to heart disease in some people 2Health News:Innovations to Explore Breakthroughs in Health and Wellness in Upcoming Episode Airing Monday, October 20, 2014 via Discovery Channel 2
... studies examine the use of the nucleoside polymerase inhibitor, ... reports appear in the August issue of Hepatology ... on behalf of the American Association for the Study ... at Wiley Interscience ( www.interscience.wiley.com ). , The ...
... scientists are attempting to recognize and treat schizophrenic disorders ... will improve the prognosis, which has often been unfavorable. ... ( Dtsch Arztebl Int 2008; 105[30]: 532-9), ... at Cologne University describes the current state of research ...
... Offer Groundbreaking The Prevention Plan to Employers, ... Medicine,( http://www.USPreventiveMedicine.com ), the leader in disease ... they have formed a,strategic alliance that will ... offer U.S. Preventive Medicine,s groundbreaking prevention program ...
... best-of-breed security deployment helps protect Verispan,s HIPAA-compliant, de-identified, patient-centric market ... ... Reston, VA and Ottawa, ON (PRWEB) ... security software company specializing in host intrusion defense, today announced ...
... Attila Molnar ... 31 The Management Board of Bayer AG,announced today that ... the Senior Bayer Representative in North America,succeeding Dr. Attila Molnar, ... effective October 1, 2008. Bayer Corporation is the U.S.,subsidiary of ...
... In Recognition of World,Breastfeeding Week, Mary Ann ... online access to Breastfeeding Medicine, (http://www.liebertpub.com/bfm ) ... a MEDLINE journal, the official publication of ... peer-reviewed medical journal,providing physicians with the evidence-based ...
Cached Medicine News:Health News:New treatment therapy helps inhibit hepatitis C 2Health News:U.S. Preventive Medicine(R) Forms Strategic Alliance with Physicians Planning Group 2Health News:U.S. Preventive Medicine(R) Forms Strategic Alliance with Physicians Planning Group 3Health News:Verispan Calls on Third Brigade for Added Data Protection 2Health News:Verispan Calls on Third Brigade for Added Data Protection 3Health News:Photos: Bayer Names New U.S. CEO 2Health News:Photos: Bayer Names New U.S. CEO 3Health News:Photos: Bayer Names New U.S. CEO 4Health News:Mary Ann Liebert, Inc. Provides Complimentary Online Access to Breastfeeding Medicine for the Month of August 2
... Renu Multiplus no rub formula is ... available today. All steps in one bottle ... disinfects, stores your soft contact lenses and ... the only multi-purpose solution that contains Hydranate, ...
Children's Half Trial Frames...
... comes at a very attractive price. ,The following adjustments can ... 4 1/8" to 5 1/2" (98 to 135mm), Nose ... PD adjustable 24 to 40mm on each side (48mm to ... left - 120 to 0 to 135 , right - ...
... Sterile Bad-Parker blades offer the superior ... steel technology, plus the exclusive Rib-Back ... strength. Brad-Parker brand producer offer the ... and disposable scalpels. Every blade is ...
Medicine Products: