Zimmer Biomet CEO ‘Confident’ in Turnaround

Indiana's medical device industry is widely known as one of the strongest in the world.

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Warsaw-based Zimmer Biomet Holdings Inc. (NYSE: ZBH) is reporting second quarter net earnings of $134 million, down from $185 million during the same period last year.

Despite the decrease, Zimmer Biomet Chief Executive Officer Bryan Hanson remains optimistic about his company’s performance.

"My level of confidence in our turnaround increases with every quarter," said Hanson.  He says Zimmer Biomet is focused, engaged and positioned for offense in the second half of 2019. “I’m truly excited by the momentum we are seeing, and we have updated our guidance to reflect the progress we made in the first half of the year."

Zimmer Biomet is an orthopedic device maker based in Kosciusko County.

You can connect to the full earnings report by clicking here.