Navigation Links
Zimmer Holdings, Inc. Reports First Quarter 2013 Financial Results
Date:4/25/2013

WARSAW, Ind., April 25, 2013 /PRNewswire/ --

  • Net Sales of $1,139 million represent a decrease of 0.2% reported from the prior year period (an increase of 1.0% constant currency)
  • Diluted EPS for the first quarter were $1.28 reported, an increase of 9.4% over the prior year period, and $1.41 adjusted, an increase of 8.5% over the prior year period
  • Company reaffirms constant currency revenue and EPS guidance and updates reported revenue guidance for 2013
  • Zimmer Holdings, Inc. (NYSE: ZMH; SIX: ZMH) today reported financial results for the quarter ended March 31, 2013.  The Company reported first quarter net sales of $1,139 million, a decrease of 0.2% reported and an increase of 1.0% constant currency over the first quarter of 2012.  The first quarter of 2013 included two fewer billing days in a number of key markets, including the United States, compared with the prior year period.  Diluted earnings per share for the quarter were $1.28 reported and $1.41 adjusted, an increase of 8.5% adjusted over the prior year period.

    "We achieved our financial commitments in the first quarter, including leveraged earnings per share growth," said David Dvorak, Zimmer President and CEO.  "During the quarter, we continued to deliver value to stockholders through the introduction of significant new product offerings across the portfolio, as well as through an increased dividend and share repurchases.  The foundational work completed in the quarter positions Zimmer for accelerated top-line growth for the balance of 2013."Net earnings for the first quarter were $218.6 million on a reported basis and $240.8 million on an adjusted basis, an increase of 4.1% adjusted over the prior year period.  Operating cash flow for the first quarter was $180.5 million. 

    During the quarter, the Company utilized $392.0 million of cash to
    '/>"/>

    SOURCE Zimmer Holdings, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11

    Related medicine technology :

    1. Zimmer Holdings Announces Live Audio Webcast and Conference Call of First Quarter 2013 Results
    2. Zimmer Launches Single Injection Pain Relief Solution at the 2013 AAOS Annual Meeting
    3. UPDATE: Zimmer Announces 11% Increase in Quarterly Dividend for First Quarter of 2013
    4. Zimmer Announces 11% Increase in Quarterly Dividend for First Quarter of 2013
    5. Zimmer Holdings to Present at Canaccord Genuitys Musculoskeletal Conference
    6. Zimmer Holdings to Present at Barclays Capital 2013 Global Healthcare Conference
    7. Buoyed by Forecasts, Where 2013 Leads - Research Report on ResMed Inc., Zimmer Holdings, Inc., Waters Corporation, Covidien PLC, and Medtronic, Inc.
    8. Zimmer Reports Fourth Quarter and 2012 Financial Results
    9. Zimmer Receives FDA Clearance for Revolutionary New Surgical Guidance Technology
    10. Amarantus BioSciences Appoints Dr. Robert J. Zimmerman as Product Development Advisor
    11. Zimmer Holdings to Present at 24th Annual Piper Jaffray Healthcare Conference
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/29/2014)... MENLO PARK, Calif. , Aug. 29, 2014 /PRNewswire/ ... Medina Medical as CEO and member of the Board ... three decades of medical device development and commercialization experience, ... Medical,s field. Mr. Engelson previously served as a Partner ... served as President and CEO of two Foundry start-ups. ...
    (Date:8/29/2014)... DUBLIN , Aug. 29, 2014 ... the "Global Peptide Cancer Therapeutics Market & Pipeline ... The conventional methods developed to prevent and eradicate ... cancer treatment. These methods are confined to low specificity, ... the researchers to look for a better solution. It ...
    (Date:8/29/2014)... , Aug. 29, 2014 Research ... "Research and Development Trend Forecast of Pharmaceutical Equipment ... Research and Development Trend Forecast of ... 2014-2018 mainly analyzes China,s pharmaceutical ... supply & demand, competition landscape, and business performance of ...
    Breaking Medicine Technology:Medina Medical Announces Erik T. Engelson Joins as Chief Executive Officer 2Global Peptide Cancer Therapeutics Market & Pipeline Insight 2014 2Research and Development Trend Forecast of Pharmaceutical Equipment Market in China, 2014-2018 2
    (Date:8/30/2014)... Market Research Report on Global and ... and in-depth market survey on Global and Chinese ... basic information of Lab Oven including its classification, ... global and China’s top manufacturers of Lab Oven ... market share etc. , The report further analyzes ...
    (Date:8/30/2014)... 2014 Bringing forth the great opportunities, ... announces the Labor Day discount on all SEO services. ... the complete services related to internet marketing. Their dedicated ... and others do have a deep understanding for their ... their work and since the inception, they have worked ...
    (Date:8/30/2014)... 2014: Transvenous lead extraction (TLE) is clinically successful in ... the European Lead Extraction ConTRolled (ELECTRa) registry presented for ... Dr Maria Grazia Bongiorni, chair of the registry,s executive ... implantable electronic devices (CIED) implant procedures has grown in ... complications has increased and leads are often the cause. ...
    (Date:8/30/2014)... 2014 One of the most recent dietary ... gluten-free diet. Originally meant for sufferers of gluten intolerance and ... people who are looking to get healthier by simply consuming ... this kind of information erroneous, it also exposes those same ... of a drastic change in their food consumption habits. ...
    (Date:8/30/2014)... 2014 Removecomplaints.net, a well-known name in ... announced to offer guarantee of results with its complaint ... guarantee because of its tremendous track record. The company ... all over the world and received recommendation letters from ... , On being asked about the announcement, a senior ...
    Breaking Medicine News(10 mins):Health News:Lab Oven Industry for Global and Chinese Market Forecasts to 2019 in New Research Report Available at ReportsnReports.com 2Health News:Lab Oven Industry for Global and Chinese Market Forecasts to 2019 in New Research Report Available at ReportsnReports.com 3Health News:Lab Oven Industry for Global and Chinese Market Forecasts to 2019 in New Research Report Available at ReportsnReports.com 4Health News:Profit By Search Announces Labor Day Discount on SEO Services 2Health News:Transvenous lead extraction clinically successful in 98 percent of cases 2Health News:Transvenous lead extraction clinically successful in 98 percent of cases 3Health News:“What is Gluten: Three Things You Need to Know Before Adopting a Gluten-Free Diet” Reveals What Readers Need to Know About the Benefits of a Strict Gluten Diet - Vinamy 2Health News:Removecomplaints.net Announces Guaranteed Complaints Removal Services 2
    ... has been a recent increase in the number of men who ... . The number of men undergoing nip and tuck surgery has ... the most common. ,The phenomenon has been dubbed the 'menopaunch' ... ,The men seem to be facing pressures as women to look ...
    ... and body, a rare medical anomaly. And doctors say that laser ... ,Prithviraj Patil, son of a well-to-do farmer in Sangalwadi near ... like any normal child. ,,Prithiviraj has no problem with his ... awful - there is no itch or rash on the skin ...
    ... that was rare three decades ago has surged in the ... Medical Association (JAMA) found . ,The cancer known ... United States in the decades between 1973 and 2002, according ... Dermatology, which is part of JAMA. ,"The overall ...
    ... Monday upheld a ban on a teenager from wearing a so-called ... marriage. ,Lydia Playfoot, 16, said she was "disappointed" ... Millais School in Horsham, West Sussex, denies infringing her human rights, ... Christian faith and violates its uniform policy. ,"As a ...
    ... dramatically lower the rapidly rising costs of several anticancer ... suggest in a commentary in the Journal of ... Ratain, MD, and Ezra Cohen, MD, call attention to ... foods can alter absorption or delay breakdown of precisely ...
    ... not complying with their dermatologic treatment is a ... to Steven Feldman, M.D., Ph.D., from Wake Forest ... published in the current issue of Archives of ... why some conditions may seem resistant to treatment. ...
    Cached Medicine News:Health News:Men Under Knife to Reduce Bulging Waistline in Britian 2Health News:Hairy Boy Bets on Laser Treatment for Cure 2Health News:Value Meal Would Lower Drug Costs 2Health News:Value Meal Would Lower Drug Costs 3Health News:Patients Not Complying With Their Dermatologic Problem 2Health News:Patients Not Complying With Their Dermatologic Problem 3
    ... Premium Low Binding, Graduated Pipet Tips - 2l ... Beveled and referenced. Produced & packaged completely by ... Sterile Racked packaged 96 tips/rack and 10 racks/cs. ... and 10 racks/cs. AVR3 is the Stacked Rack ...
    ... ART Aerosol Resistant Tips offer a ... ART Tips are designed for applications such ... studies. In addition, ART Tips are excellent ... and forensic studies. ART Tips prevent aerosol ...
    200 L, Racked, Pre-sterilized, 96 tips/rack Recommended for 20, 25, 50, 100 and 200 L pipettes. Can also be used with 300 L pipettes when pipetting 200 L or less....
    ... Packed conveniently in plastic-wrapped racks of 96 ... useno need to autoclave. Sterilized Diamond Tips ... sterilization and are delivered with a certificate ... Sterilized Diamond Tips are certified free of ...
    Medicine Products: