Zimmer Holdings, the parent company of Zimmer Dental, reported net sales of $1.1 billion for the second fiscal quarter of 2011 (end-June 30), an 8% increase over net sales of $1.05 billion for the same quarter in 2010.
Net earnings for the second quarter were $203.8 million on a reported basis and $232.5 million on an adjusted basis, up from earnings of $165.5 million in the prior-year period.
Zimmer Dental accounted for $67 million in net sales, up from $56 million during the second quarter of 2010.
"Our dental business again outperformed the market in the second quarter, with sales growth of 15.5%, comprising organic growth of 8.8%, as well as the contribution of the existing Puros and CopiOs allograph products distribution arrangement," said David Dvorak, Zimmer president and CEO, in a conference call with analysts on July 27. "The impressive performance of our dental franchise over the last several quarters reflects the impact of a steady new product cadence in our regenerative portfolio."
