Welcome to our dedicated page for Zimmer Biomet Holdings news (Ticker: ZBH), a resource for investors and traders seeking the latest updates and insights on Zimmer Biomet Holdings stock.
Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) is a preeminent global leader in musculoskeletal healthcare. Headquartered in Warsaw, Indiana, Zimmer Biomet has been at the forefront of advancing bone and joint health for nearly 90 years. The company designs, manufactures, and markets a comprehensive range of orthopedic implants and surgical equipment, addressing joint reconstruction, bone repair, sports medicine, spine, and dental reconstruction. Its innovative product portfolio includes the ROSA® Robotics systems for knee, hip, and shoulder replacements, and the TMINI Miniature Robotic System for total knee arthroplasty.
Zimmer Biomet's latest endeavors include the establishment of a dedicated Health Equity division in 2023, which aims to integrate health equity into the company's core strategies and operations. This division has already made significant strides by assembling a strategic advisory board and developing the Community Centered Care (C3) framework to increase patient access to quality care in underserved communities.
In addition, Zimmer Biomet has recently partnered with top pickleball organizations in the U.S., underscoring its commitment to joint health and well-being for the growing community of pickleball players. The company also announced a strategic alliance with CBRE Group, Inc. to expand orthopedic ambulatory surgery centers across the country, and a collaboration with RevelAi Health to commercialize AI-powered engagement solutions aimed at advancing value-based orthopedic care and health equity.
Financially, Zimmer Biomet has demonstrated robust performance, with first-quarter 2024 net sales amounting to $1.889 billion, a 3.2% year-over-year increase. The company continues to focus on innovation, operational excellence, and strategic partnerships to drive growth and enhance shareholder value. For more information, visit www.zimmerbiomet.com or follow them on LinkedIn and Twitter.
Zimmer Biomet Holdings (ZBH) has announced a quarterly cash dividend of $0.24 per share for Q2 2021. This dividend is payable on or about July 30, 2021 to stockholders who are on record as of the close of business on June 28, 2021. The company, a leader in musculoskeletal healthcare, continues to demonstrate its commitment to returning value to its shareholders. Founded in 1927, Zimmer Biomet operates in over 25 countries, selling products in more than 100 countries.
Zimmer Biomet Holdings, Inc. (NYSE: ZBH) recently appointed Wilfred van Zuilen as President for the EMEA region and Nitin Goyal, M.D. as Chief Science, Technology and Innovation Officer. These changes aim to strengthen the company's leadership as it transitions through a pivotal business phase. Van Zuilen brings extensive experience from Medtronic, while Dr. Goyal leverages his medical background and digital innovation expertise to enhance Zimmer Biomet's product development and clinical affairs.
Zimmer Biomet Holdings (NYSE: ZBH) will present at the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8, 2021, at 11:20 a.m. ET. The presentation will be made by Chairman and CEO Bryan Hanson and CFO Suky Upadhyay. A live webcast can be accessed on Zimmer Biomet's Investor Relations website, with an archive available post-conference. Founded in 1927, Zimmer Biomet specializes in musculoskeletal healthcare and operates in over 25 countries. For more information, visit zimmerbiomet.com.
Zimmer Biomet Holdings (NYSE: ZBH), a leader in musculoskeletal healthcare, announced that Chairman and CEO Bryan Hanson and CFO Suky Upadhyay will present at the Bernstein's 37th Annual Strategic Decisions Conference on June 2, 2021, at 10:00 a.m. ET. They will also present at the Jefferies Virtual Health Care Conference on June 3, 2021. Live webcasts can be accessed via their Investor Relations website and will be available for replay after the events.
Zimmer Biomet Holdings reported first-quarter net sales of $1.847 billion, a 3.6% increase year-over-year, and net earnings of $198.1 million. Diluted EPS stood at $0.94, with adjusted EPS at $1.71, reflecting a 0.6% rise from the previous year. The company expects a continued positive trend as elective procedures resume post-pandemic. Key highlights include the launch of ZBEdge technologies and FDA clearance for the ROSA® Partial Knee System, alongside leadership appointments aiding in their ongoing transformation.
ZBH announced that President and CEO Bryan Hanson and Executive VP and CFO Suky Upadhyay will present at the BofA Securities 2021 Virtual Health Care Conference on May 11, 2021, at 12:30 p.m. ET. The live webcast will be accessible via Zimmer Biomet's Investor Relations website and archived for replay afterward. Founded in 1927, Zimmer Biomet is a leader in musculoskeletal healthcare, providing orthopedic and surgical products globally. The company operates in over 25 countries and sells in more than 100 countries.
Zimmer Biomet Holdings, Inc. (NYSE: ZBH) announced FDA 510(k) clearance for the ROSA® Partial Knee System, which enhances robotically-assisted partial knee replacement surgeries. This addition to Zimmer Biomet's ROSA Robotics platform aims to improve patient outcomes and surgical accuracy. The system leverages advanced imaging technology and intraoperative data collection, which can optimize surgery based on individual patient anatomy. With over 50% of the global partial knee market share, Zimmer Biomet continues to lead in musculoskeletal healthcare, emphasizing its commitment to innovative solutions.
Zimmer Biomet Holdings (ZBH) will host its first quarter earnings conference call on May 4, 2021, at 8:30 a.m. ET. An associated news release with financial results will be available earlier that day at 6:30 a.m. ET. The conference call can be accessed via Zimmer Biomet's Investor Relations website, with a digital recording available post-call until July 6, 2021. This call provides an opportunity for investors to evaluate the company's financial performance and future outlook.
Zimmer Biomet Holdings (NYSE: ZBH) launched the ZBEdge™ Connected Intelligence Suite, featuring advanced digital and robotic technologies aimed at enhancing patient outcomes. Key components include the ROSA® Robotics Platform, Signature™ ONE Surgical Planning, and mymobility® with Apple Watch®. This suite integrates pre-, intra-, and post-operative technologies, leveraging data for improved surgical insights. The initiative underscores Zimmer Biomet's commitment to optimizing the patient experience and empowering healthcare professionals through actionable data.
Zimmer Biomet Holdings, Inc. (ZBH) announced important changes in its Executive Leadership Team on March 31, 2021. Lori Winkler has been appointed as the Chief Human Resources Officer (CHRO), having previously served as Group Vice President of Human Resources. Sang Yi has been promoted to Group President for Asia Pacific, a role he has held since June 2015. Both appointments are aimed at strengthening the company's human resources and regional operations as part of its mission to improve patient care globally.
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