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Page 8 - Adjusted Basis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hostess Brands Inc (TWNK) Reports 1 9% Increase in Net Revenue for Q3 2023

Elanco Animal Health Inc (ELAN) Reports 4% Revenue Growth in Q3 2023

Zimmer Biomet beats quarterly profit estimates on knee procedure strength

Zimmer Biomet Holdings Inc on Tuesday beat Wall Street estimates for third-quarter profit, as a rebound in knee surgeries lifted demand for the medical device maker's products. On an adjusted basis, the company reported a profit of $1.65 per share, compared with analysts' average estimate of $1.60, according to LSEG data. Larger peers Abbott Laboratories and Boston Scientific had also topped quarterly profit estimates on easing staffing shortages and a surge in hospital admissions for elective procedures deferred during the pandemic.

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