Zimmer Biomet Holdings (ZBH) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a sequential improvement and continued expansion on an annual basis.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The reported growth reflects a sequential improvement and continued expansion on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+4.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.7B | -0.9% |
| Dec 31, 2022 | $1.8B | +2.7% |
| Mar 31, 2023 | $1.8B | +10.1% |
| Jun 30, 2023 | $1.9B | +4.9% |
Revenue performance
Net sales rose versus the prior quarter and showed a stronger gain versus the same period a year ago. The upward trajectory indicates sustained demand during the period.
Quarterly comparison
Sequentially, revenue advanced from the preceding quarter, continuing the positive trend seen earlier in the fiscal year. Compared with the same quarter one year earlier, revenue was higher, marking an acceleration over the prior-year period.
What to watch
Monitor whether the sequential revenue growth pace is maintained in upcoming quarters.