Stryker reports second quarter 2023 operating results
Kalamazoo, michigan, aug. 03, 2023 (globe newswire) -- stryker (nyse:syk) reported operating results for the second quarter of 2023: second quarter results reported net sales increased 11.2% to $5.0 billion organic net sales increased 11.9% reported operating income margin of 19.3% adjusted operating income margin (1) increased 60 bps to 24.3% reported eps increased 12.2% to $1.93 adjusted eps (1) increased 12.9% to $2.54 second quarter net sales growth overview reported foreign currency exchange constant currency acquisitions / divestitures organic medsurg and neurotechnology 12.2 % (0.7) % 12.9 % — % 12.9 % orthopaedics and spine 9.9 (0.7) 10.6 — 10.6 total 11.2 % (0.7) % 11.9 % — % 11.9 % "we delivered strong organic sales growth in the second quarter as demand for our products remains strong," said kevin a. lobo, chair and ceo.
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