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Zimmer Biomet beats quarterly estimates on strong hips, knees device demand - Regional Media News
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Zimmer Biomet beats quarterly estimates on strong hips, knees device demand - Regional Media News
Feb 10 (Reuters) - Zimmer Biomet on Tuesday beat Wall Street estimates for fourth-quarter profit and revenue as the company capitalized on steady demand for its devices used in orthopedic procedures. Shares of the Warsaw, Indiana based company rose 1.5% in premarket trading. The orthopedic device maker reported a 10.9% increase in fourth-quarter net sales to $2.24 billion, showcasing robust demand for its hips and knees units and reflecting sust…
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