ZimVie reports Q4 adjusted EPS 27c, consensus 26c

Reports Q4 revenue $111.52M, consensus $113.66M. “2024 was a transformational year for ZimVie (ZIMV). We became a pure play dental company and reshaped our financial profile, reducing net debt by more than $290 million. We also streamlined our organization through corporate cost reduction, introduced manufacturing and supply chain efficiency initiatives, and increased Adjusted EBITDA margins by over 4 percentage points in the fourth quarter of 2024 compared to the fourth quarter of 2023 despite a softer end market,” said Vafa Jamali, president and CEO. “We continue to be optimistic about the long-term drivers of the dental implant market, supported by the continued success of our training and education programs in 2024. I believe ZimVie is well positioned to take advantage of the growth in the dental implant and digital solutions market for 2025 and beyond.”