Zimmer Biomet Stock Price, News & Analysis

Zimmer Biomet Holdings has declared a quarterly cash dividend of $0.24 per share for Q4 2021. This dividend will be paid on or about January 31, 2022, to stockholders who are on record as of December 28, 2021. As a key player in the medical technology sector, Zimmer Biomet aims to enhance health and mobility through innovative products and integrated technologies. The company operates in over 25 countries and has a track record of 90+ years in the industry, focused on providing quality solutions to healthcare providers and patients.

Zimmer Biomet Holdings (ZBH) announced cash tender offers for its outstanding debt securities, including a buyback of 3.700% Senior Notes due 2023 and up to $1.5 billion of other senior notes. The offers, aimed at reducing outstanding debt, will expire on December 13, 2021. The company has set up staggered acceptance priority levels for the notes and established tender caps for certain series. Payments will be made based on a Total Consideration calculation that incorporates early tender incentives. All securities will be retired and canceled upon purchase.

Zimmer Biomet reported Q3 2021 net sales of $1.924 billion, a 0.3% decline from the prior year. Despite challenges, the company showed resilience with 1.7% growth from Q3 2019. Net earnings were $145.6 million, with an adjusted diluted EPS of $1.81. Key highlights include FDA clearance for Persona IQ, a smart knee implant, and the ROSA Hip System for robotic-assisted surgery. The company has updated its 2021 financial guidance, projecting reduced revenue growth of 11.3% - 12.5% and adjusted diluted EPS of $7.32 - $7.47.

Zimmer Biomet Holdings (NYSE: ZBH) announced that its Chairman, President and CEO Bryan Hanson and Executive Vice President and CFO Suky Upadhyay will present at Stifel's 2021 Virtual Healthcare Conference on November 17, 2021, at 10:40 a.m. Eastern Time. Investors can access a live webcast of the presentation through Zimmer Biomet's Investor Relations website. Zimmer Biomet is a global leader in medical technology, focused on enhancing mobility and health through innovative products and technologies.

Zimmer Biomet Holdings, Inc. (ZBH) will host its third quarter earnings conference call on November 4, 2021, at 8:30 a.m. ET, with a news release available at 6:30 a.m. ET. The call can be accessed on the company’s Investor Relations website and will feature digital recording availability from November 4 to December 31, 2021. Zimmer Biomet is recognized for its innovative medical technology aimed at enhancing patient mobility and healthcare quality.

Zimmer Biomet Holdings (NYSE: ZBH) announced key leadership appointments for its planned spin-off company, ZimVie, targeting the Spine and Dental businesses. Richard J. Heppenstall joins as Executive Vice President and CFO, bringing over 25 years of finance experience in the medtech sector. The spin-off is on track for mid-2022, aiming to enhance resource allocation and market leadership. The new leadership team includes seasoned professionals across various functions to drive ZimVie’s success post-separation.

Zimmer Biomet Holdings has declared a quarterly cash dividend of $0.24 per share for the third quarter of 2021. This dividend will be payable on October 29, 2021 to shareholders on record as of September 30, 2021. The company, a leader in medical technology, is known for its innovative solutions aimed at improving health and mobility. Zimmer Biomet operates globally, contributing to advancements in patient care through integrated digital and robotic technologies.

Zimmer Biomet Holdings, Inc. (NYSE: ZBH) announced four presentations at the AAOS 2021 Annual Meeting showcasing the clinical value of mymobility with Apple Watch. This remote care management platform aids healthcare professionals in supporting patients pre- and post-orthopedic procedures. Initial findings from the ongoing mymobility Clinical Study suggest that patients using the platform experience similar outcomes to traditional care, potentially lowering postoperative costs. The conference is taking place from August 31 to September 3, 2021 in San Diego.

Zimmer Biomet Holdings (ZBH) announced that Chairman Bryan Hanson and CFO Suky Upadhyay will present at Baird's 2021 Virtual Global Healthcare Conference on September 14, 2021, at 10:50 a.m. ET. A live webcast of the presentation can be accessed via Zimmer Biomet's Investor Relations website. The company specializes in medical technology, focusing on enhancing patient mobility through innovative products and digital technologies. Zimmer Biomet operates in over 25 countries, with sales in more than 100 countries, and boasts over 90 years of industry experience.