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Zimmer Biomet Q2 Earnings Call Highlights
['Danessa Lincoln']
Markets Daily
Adjusted operating margin fell 210 basis points to 25.7% as Zimmer Biomet continued investing in its U.S. sales channel.
Zimmer Biomet repurchased $500 million of stock in the first half, including $250 million in the second quarter.
Zimmer Biomet raised adjusted EPS guidance to $8.47 to $8.59, from $8.40 to $8.55.
Zimmer Biomet expects to complete the transformation by the end of 2027.
About Zimmer Biomet (NYSE:ZBH)Zimmer Biomet (NYSE: ZBH) is a global medical device company focused on musculoskeletal healthcare.