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Thursday, May 4, 2023

ZimVie ups guidance; call

 Full Year 2023 Financial Guidance:

We are updating our 2023 net sales and adjusted EPS guidance and reaffirming our 2023 adjusted EBITDA margin guidance as follows:

Projected Year Ending December 31, 2023

Prior Guidance

Updated Guidance

Net sales

$825M - $850M

$835M to $860M

Adjusted EBITDA margin[2]

13.5% - 14.0%

13.5% - 14.0%

Adjusted EPS[2]

$0.30 to $0.50

$0.40 to $0.60


Conference Call

ZimVie will host a conference call today, May 3, 2023, at 4:30 p.m. ET to discuss its first quarter 2023 financial results. To access the call, please register online at https://investor.zimvie.com/events-presentations/event-calendar. A live and archived audio webcast will also be available on this site.

About ZimVie

ZimVie is a global life sciences leader in the dental and spine markets that develops, manufactures, and delivers a comprehensive portfolio of products and solutions designed to support dental tooth replacement and restoration procedures and treat a wide range of spine pathologies. In March 2022, the company became an independent, publicly traded spin-off of the dental and spine business units of Zimmer Biomet to breathe new life, dedicated energy, and strategic focus to its portfolio of trusted brands and products. 

https://finance.yahoo.com/news/zimvie-reports-first-quarter-2023-200500359.html

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