Stryker Narrows Earnings Outlook After Cyberattack Disrupts Operations
Guidance·1 article across 1 outlet
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Stryker Corp narrowed the range of its adjusted-earnings outlook for the full year as the medical device manufacturer said it must increase production as well as ship a backlog of equipment to meet its second-half growth targets after a cyberattack in March disrupted operations.
The company is working to address the challenges posed by the cyberattack to achieve its growth objectives.
Stryker
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“Stryker Corp narrowed the range of its adjusted-earnings outlook for the full year as the medical device manufacturer said it must increase production as well as ship a backlog of equipment to meet its second-half growth targets after a cyberattack in March disrupted operations.”
Bloomberg — Stryker Narrows Earnings Outlook as Cyberattack Challenges Goals