Stryker up after better-than-expected 4th quarter results


(AOF) – Stryker rose by more than 6% this Wednesday on Wall Street after the publication of quarterly results above market expectations. The American medical technology specialist posted earnings per share up 15% to $3.46 in the 4th quarter, compared to a consensus of $3.27. The group’s quarterly turnover increased by 11.8% to $5.8 billion. The group expects organic revenue growth of between 7.5% and 9% for 2024 and adjusted net income per share of between $11.70 and $12.

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