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Zimvie Inc. (ZIMV)
:ZIMV
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.26Last Year’s EPS
0.1Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 05, 2022
|% Change Since: -0.15%
|Next Earnings Date:Mar 31, 2022
Earnings Call Sentiment|Neutral
The earnings call reflected a balance between strong execution in manufacturing efficiency, digital growth, and debt management against challenges in international sales and slight revenue decline. The company remains cautiously optimistic about future growth, particularly in North America.Company Guidance
During the ZimVie Q3 2024 earnings call, the company reported a revenue of $103 million, demonstrating its focus on improving operating efficiency and reducing costs. The quarter saw a reduction in gross debt to $220 million and a net debt balance of $153 million, following a $15 million debt repayment. The digital portfolio experienced over 10% growth, with significant contributions from the RealGUIDE 5.4 software and the Implant Concierge service, which grew 30% and 20% respectively. In terms of financial guidance, ZimVie narrowed its full-year revenue outlook to a range of $450 million to $455 million and adjusted EBITDA to $60 million to $62 million, projecting an EBITDA margin of 13.3% to 13.6%. The company remains optimistic about the U.S. market recovery and anticipates continued international growth, particularly in Japan and Italy, while addressing macroeconomic pressures in Europe.Strong Revenue and Debt Management
ZimVie delivered revenue of $103 million and reduced debt by $15 million, leaving a gross debt of $220 million and a net debt of $153 million.
Growth in Digital Portfolio
The digital portfolio, excluding iTero scanner sales, grew over 10% in the third quarter, driven by RealGUIDE 5.4 software and Medit partnership. The Implant Concierge service grew 20%.
Improved Manufacturing Efficiency
Q3 adjusted cost of products sold was 34.4%, a decrease of 40 basis points from the prior year and 60 basis points sequentially, reflecting improved manufacturing efficiency.
Positive EBITDA Margin Growth
Adjusted EBITDA was $13.1 million, a 12.7% margin compared to 11.6% in the prior year period.
Continued Investment in Innovation and Sales
Increased investments in R&D, U.S. sales force, and digital dentistry symposia to drive future growth.
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ZIMV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ZIMV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $13.70 | $13.76 | +0.44% |
| Aug 01, 2024 | $20.40 | $17.30 | -15.20% |
| May 08, 2024 | $15.38 | $16.97 | +10.34% |
| Feb 28, 2024 | $19.60 | $16.95 | -13.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Zimvie Inc. (ZIMV) report earnings?
Zimvie Inc. (ZIMV) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Zimvie Inc. (ZIMV) earnings time?
Zimvie Inc. (ZIMV) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZIMV EPS forecast?
ZIMV EPS forecast for the fiscal quarter 2024 (Q4) is 0.26.
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