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Zimmer Biomet Holdings Inc. Profit Declines In Q1

Zimmer Biomet Holdings Inc. (ZBH) announced earnings for first quarter that decreased from last year

The company's earnings totaled $73.0 million, or $0.35 per share. This compares with $193.4 million, or $0.92 per share, in last year's first quarter.

Excluding items, Zimmer Biomet Holdings Inc. reported adjusted earnings of $337.4 million or $1.61 per share for the period.

The company's revenue for the quarter rose 3.8% to $1.66 billion from $1.60 billion last year.

Zimmer Biomet Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $73.0 Mln. vs. $193.4 Mln. last year.
-EPS (Q1): $0.35 vs. $0.92 last year.
-Revenue (Q1): $1.66 Bln vs. $1.60 Bln last year.

-Guidance:
Full year EPS guidance: Adj; $6.65 - $6.85

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