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Stryker Corp [SYK] reports annual net loss of $3.2 billion
Company Reports Revenue of $20.5 billion
By USInMinutes
Published - Mar 07, 2024, 04:47 AM ET
Last Updated - Mar 07, 2024, 04:47 AM EST
STRYKER CORP [SYK] has reported a net loss of $3.2 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $20.5 billion
Based in KALAMAZOO, Michigan, STRYKER CORP operates in the MANUFACTURING sector.
In the Consolidated Statements Of Earnings for the 12 Months Ended December 31 of 2023, 2022, and 2021, the following financial data is presented:
- Net sales for the year 2023 amounted to $20.5 billion, compared to $18.4 billion in 2022 and $17.1 billion in 2021.
- Cost of sales for 2023 totaled $7.44 billion, higher than the $6.87 billion in 2022 and $6.14 billion in 2021.
