/top_stories/article/29874
/top_stories/article/29874

/top_stories/article/29874


From: Reuters
Published January 23, 2008 04:08 PM

Stryker Q4 earnings rise

/top_stories/article/29874

NEW YORK (Reuters) - Stryker Corp <SYK.N>, which this week said it was recalling some of its artificial hip products, on Wednesday reported higher fourth-quarter profit on increased sales of its orthopedic implants and surgical equipment.

The Kalamazoo, Michigan-based orthopedic device maker posted a net profit of $276.1 million, or 66 cents per share, compared with a profit of $227.9 million, or 55 cents per share, a year earlier.

Analysts on average had expected 66 cents per share, according to Reuters Estimates.

(Reporting by Bill Berkrot, editing by Richard Chang)

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