Home » Stryker, Analysts Tout MAKO Buy After Recalls Skim Q3 Profits
Stryker, Analysts Tout MAKO Buy After Recalls Skim Q3 Profits
Stryker is looking forward to growth in robotics from its recent MAKO acquisition as it swallows a 70 percent earnings drop attributed to recalls and acquisitions. Costs related to the company’s Neptune 2 waste management system recall led to a decline in instrument profits, offsetting an uptick for endoscopy during the third quarter, company President and CEO Kevin Lobo said in a Thursday earnings call.
Devices & Diagnostics Letter
Devices & Diagnostics Letter
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