Stryker has announced increased reported net sales and earnings per share in its second-quarter 2022 financial results, according to a company press release.
Stryker reported consolidated net sales of $4.5 billion, a 4.6% increase from the second quarter of 2021. The company also reported net earnings of $656 million, a 10.8% increase from the prior year period, and net earnings per diluted share of $1.72, an 11% increase from the prior year period.
“Despite supply shortages we delivered solid organic sales growth in Q2,” Kevin A. Lobo, chair and CEO of Stryker, said in the release.