Earnings Calls In Brief
This article was originally published in The Gray Sheet
Executive Summary
J&J/DePuy orthopedic sales: Firm reports hip sales increase of 12% in the third quarter, while knee revenue was up 9% for the period, contributing to overall DePuy revenue of $1.09 billion for the three months - an 11.9% advance from last year, the firm reported Oct. 16. Growth in the segment contributed to parent firm Johnson & Johnson's 6% overall increase in device sales for the quarter - to $5.2 billion