Stryker Q1 EPS Misses $0.38, Revenue Falls

Stryker reported Q1 adjusted EPS of $2.60, missing consensus $2.98 by $0.38.
Revenue reached $6.0 bn, below the $6.34 bn estimate, reflecting a 2.6% YoY increase.
Shares fell 1.9% after results; operating margin slipped 180 bps to 21.1% in the quarter.
CEO Kevin A. Lobo cited a March 11 cybersecurity incident as cause, but reaffirmed guidance of 8‑9.5% sales growth and $14.90‑$15.10 EPS.