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UPDATE: Stryker Posts Upbeat Q4 Profit

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Stryker (NYSE: SYK) reported a drop in its fourth-quarter profit.

Stryker's quarterly profit declined to $270 million, from $401 million, in the year-ago quarter. Its per-share earnings came in at $0.71. Excluding one-time items, Stryker earned $1.14 per share.

Analysts were expecting earnings of $1.12 per share. Its revenue climbed to $2.34 billion from $2.22 billion.

Stryker shares rose 0.13% to $61.95 in after-hours trading.

Posted-In: profitEarnings News

 

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