Here are six things to know about the company’s 2024 fourth quarter and full-year performance.
1. ZimVie recorded $111.5 million in third-party net sales during the fourth quarter of 2024, a slight decrease from 2023.
2. The company had an adjusted net income of $7.6 million in the fourth quarter of 2024.
3. Total third-party net sales for 2024 were $449.7 million.
4. ZimVie reported a $33.8 million net loss in 2024, compared to a net loss of $56 million in 2023.
5. The company reduced its net debt by more than $290 million in 2024.
6. In 2024, ZimVie transitioned to a pure play dental company after entering an agreement to sell its spine business at the end of 2023.
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