Stryker Corp. reported $224 million in profit in the first quarter of 2015, more than three times the amount the medical-device manufacturer recorded in the same period of 2014.
The higher-than-expected earnings prompted Stryker to slightly raise the low end of its full-year adjusted earnings per share to $4.95, up from $4.90.
Stryker’s earnings took a hit last year after the Kalamazoo, Mich.-based company dealt with charges related to the recall of hip implants.
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