Zimmer Biomet Holdings (ZBH) Revenue — Quarter Ended Sep 30, 2024
Revenue for the reported quarter declined compared to the prior quarter, but increased compared to the same period last year. The company's net sales were higher than a year ago, though the sequential decline marked a change from the growth seen in earlier periods of the year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the reported quarter declined compared to the prior quarter, but increased compared to the same period last year. The company's net sales were higher than a year ago, though the sequential decline marked a change from the growth seen in earlier periods of the year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-6.1%
Change from the immediately preceding quarter.
Year-over-year
+4.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
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 |
|---|---|---|
| Dec 31, 2023 | $1.9B | +6.3% |
| Mar 31, 2024 | $1.9B | +3.2% |
| Jun 30, 2024 | $1.9B | +3.9% |
| Sep 30, 2024 | $1.8B | +4.0% |
Revenue performance
Net sales in the reported quarter were higher than the same quarter a year earlier, reflecting a year-over-year increase. However, revenue dropped from the level achieved in the immediately preceding quarter.
Quarterly comparison
The reported quarter's revenue was lower than the prior quarter but higher than the year-ago period.
What to watch
Monitor whether the sequential decline is a temporary fluctuation or indicates a shift in underlying demand trends.