NASDAQ$ZIMV
ZimVie Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
ZimVie's financial performance decreased slightly with a net loss, but showed progress with adjusted EBITDA and EPS.
ZimVie reported a slight decrease in third-party net sales, a net loss of ($11.5) million, and an adjusted EBITDA of $12.5 million. The company completed the sale of its spine business and repaid a significant portion of its debt.
- Third-party net sales from continuing operations were $118.2 million.
- Net loss from continuing operations was ($11.5) million.
- Adjusted EBITDA from continuing operations was $12.5 million.
- The sale of the spine business was completed for $375 million, and $275 million of debt was repaid.
Headline financials
Revenue & EPS history
ZimVie · Revenue · Quarterly
$118M
Forward guidance
ZimVie projects net sales between $450M and $460M, adjusted EBITDA between $60M and $65M, and adjusted EPS between $0.55 and $0.70 for the year ending December 31, 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports · overlaid with Q1 2024
-1.7%
Avg return
Earnings day
-3.4%
Avg return
5 days after
-5.3%
Avg return
30 days after
44%
8 / 18 earnings
Positive
+24.0%
Q1 2023
Best reaction
-49.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | -0.4% | -0.1% | +0.1% | |
| Q1 2025 | -4.4% | -4.8% | +2.2% | |
| Q4 2024 | -1.7% | +3.1% | -11.9% | |
| Q3 2024 | +0.6% | +5.5% | +6.2% | |
| Q2 2024 | -18.2% | -19.0% | -17.9% | |
| Q1 2024 | +5.7% | +4.8% | +0.8% | |
| Q4 2023 | -14.4% | -13.4% | -16.9% | |
| Q3 2023 | +5.4% | — | — | |
| Q2 2023 | -6.0% | — | — | |
| Q1 2023 | +24.0% | — | — | |
| Q4 2022 | -49.0% | — | — | |
| Q3 2021 | +20.0% | — | — | |
| Q3 2022 | +20.0% | — | — | |
| Q2 2021 | -8.2% | — | — | |
| Q2 2022 | -8.2% | — | — | |
| Q1 2021 | -6.5% | — | — | |
| Q4 2021 | +5.1% | — | — | |
| Q4 2020 | +5.1% | — | — |
Discussion
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