Zimmer Biomet — Oct 30, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-24-118573
Showing in the filing
Foreign Currency Exchange Impact
“(0.75)%”
Period
FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 3
Foreign Currency Exchange Impact for FY2024
“(0.75)%”
Constant Currency Revenue Change for FY2024
“4.25% - 4.75%”
Adjusted Diluted EPS for FY2024
“$7.95 - $8.05”
Exhibit 99.1 · the passage around this item
… earlier in the release
Page 4 of 23
Financial Guidance
The Company is updating its full-year 2024 financial guidance to reduce and narrow its previous projected ranges for revenue growth and adjusted 1 diluted EPS:
Projected Year Ending December 31, 2024
Previous Guidance
Updated Guidance
2024 Reported Revenue Change
4.0% - 5.0%
3.5% - 4.0%
Foreign Currency Exchange Impact
(1.0)%
(0.75)%
2024 Constant Currency Revenue Change
5.0% - 6.0%
4.25% - 4.75%
Adjusted Diluted EPS (1)
$8.00 - $8.15
$7.95 - $8.05
(1)
This measure is a non-GAAP financial measure for which a reconciliation to the most directly comparable GAAP financial measure is not available without unreasonable efforts. See “Forward-Looking Non-GAAP Financial Measures” below, which identifies the information that is unavailable without unreasonable efforts and provides additional information. It is probable that this forward-looking non-GAAP financial measure may be materially different from the corresponding GAAP financial measure.
Conference Call
The Company will conduct its third quarter investor conference call today, October 30, 2024, at 8:30 a.m. ET. The audio webcast can be accessed via Zimmer Biomet's Investor Relations website at https://investor.zimmerbiomet.com . It will be archived for replay following the conference call.
About the Company
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovat
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other guidance in this release
Text is the filed exhibit, verbatim.