Aflai mai multe despre modul n care utilizm informaiile dvs. Adjusted EBITDA[1] of $29.4 million; adjusted EBITDA margin[1] of 13.8%. your social security number or . All statements other than statements of historical or current fact are, or may be deemed to be forward-looking statements. Net loss for the first quarter of 2022 included $11.6 million of incremental share-based compensation expense due to replacement awards provided in connection with the separation from Zimmer Biomet. ZimVie will host a conference call at 2:30 p.m. MT / 4:30 p.m. The non-GAAP measures enable the evaluation of operating results and trend analysis by allowing a reader to better identify operating trends that may otherwise be masked or distorted by these types of items that are excluded from the non-GAAP measures. Restoring Daily Life. | ZimVie is a global life sciences leader in the dental and spine markets that develops, manufactures, and delivers a comprehensive . ZimVie Inc. 10225 Westmoor Drive Westminster, CO 80021 United States 303 443 7500 https://www.zimvie.com Sector(s) : Healthcare Industry : Medical Devices Full Time Employees : 2,700 ZimVie Reviews | Glassdoor Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of . We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 831 Number of Organizations $157.5B Total Funding Amount 1,127 Number of Investors. ZimVie offers specialized and efficient production, backed up by many years of experience in implant dentistry and produces a wide range of solutions, focusing on optimal connection geometries, by using the latest technology to manufacture high-quality dental prostheses. Net income for the third quarter of 2022 was $0.8 million, an increase of $31.1 million versus the net loss of ($30.2) million in the third quarter of 2021, and as a percentage of total net sales . [7] Net Income (Loss) Margin is calculated as Net Income (Loss) divided by Net Sales for the applicable period, each on a GAAP basis. control of costs and expenses; dependence on a limited number of suppliers for key raw materials and outsourced activities; the ability to obtain and maintain adequate intellectual property protection; breaches or failures of our information . Benefits information above is provided anonymously by current and former ZimVie employees, and may include a summary provided by the employer. Please check your download folder. Refer to Forward-Looking Non-GAAP Financial Measures in this release for further information. Third party net sales of $213.3 million. Third party net sales of $213.3 millionNet income of $0.8 million; net income margin of 0.4%; adjusted net income[1] of $12.9 million Diluted EPS of $0.03; adjusted diluted EPS[1] of $0.49Adjusted EBITDA[1] of $29.4 million; adjusted EBITDA margin[1] of 13.8% Cash and cash equivalents of $116.0 million at September 30, 2022Reaffirming full-year 2022 guidance for third party net sales, adjusted . ET on May 5 to discuss its first quarter 2022 financial results. Associate Accounting Director (300) Westminster, CO. $134,000 - $160,000 a year. Informaii despre dispozitivul dvs. ZimVie Inc. is headquartered in Westminster, Colorado. 13TH Annual Global Implantology Week. ZimVie is reaffirming full-year 2022 financial guidance: [1]This is a non-GAAP financial measure. Net income (loss) and diluted earnings (loss) per share in this release are presented on a GAAP (reported) basis and on an adjusted basis. This press release includes non-GAAP financial measures that differ from financial measures calculated in accordance with U.S. generally accepted accounting principles (GAAP). Zimmer Holdings, Inc. spins off from Bristol-Myers Squibb Company. Dental Solutions | ZimVie Welcome to ZimVie | Dental, Spine and Bone Healing Solutions . 1 day ago. Explore All Careers. ZIMVIE INC Employee Health and Wellness Director Salary | Salary.com Diluted EPS of $0.03; adjusted diluted EPS[1] of $0.49. From its headquarters in Westminster, Colorado, and additional facilities around the globe, the company serves customers in over 70 countries worldwide with a robust offering of dental and spine solutions including differentiated product platforms supported by extensive clinical evidence. Investor FAQs | ZimVie Inc. Such statements are based upon the current beliefs, expectations, and assumptions of management and are subject to significant risks, uncertainties, and changes in circumstances that could cause actual outcomes and results to differ materially from the forward-looking statements. Edit Lists Featuring This Company Section, ZimVie sales down more than 11% in Q2 as it streamlines after spinoff, ZimVie ticks up on 2021 revenue beat, reaffirms 2022 guidance, Medical Device Companies Founded in the Last Year, Florida Companies With More Than 100 Employees, Manufacturing Companies Founded in the Last Year. We have not provided quantitative reconciliations of these forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures because the excluded items are not available on a prospective basis without unreasonable efforts. slide 1 of 21. Easily apply. The call may be accessed through an operator by calling 1-877-883-0383 for domestic callers and 1-412-902-6506 for international callers using conference ID: 3977855. Net sales fell 10.6 percent year-over-year, according to a company news release. Putei modifica opiunile n orice moment, vizitnd Controale de confidenialitate. Adjusted EBITDA [1] for the third quarter of 2022 was $29.4 million, or 13.8% of third party net sales, an increase of $5.8 million, or an additional 390 basis points of margin, compared to the . Continued uncertainty due to the ongoing COVID-19 pandemic could materially impact the company's projections. The call may be accessed through an operator by calling 1-877-883-0383 for domestic callers and 1-412-902-6506 for international callers using conference ID: 3977855. Learn More . ZimVie will host a conference call at 2:30 p.m. MT / 4:30 p.m. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Weighted average shares outstanding was 26.057 million and fully diluted weighted average shares outstanding was 26.066 million. personale i vor folosi tehnologii precum modulele cookie pentru a afia reclame i coninut personalizat, a msura performana reclamelor i coninutului, a genera statistici despre public i a dezvolta produse. ZimVie is a global life sciences leader in the dental and spine markets that develops, manufactures, and delivers a comprehensive portfolio of products and solutions designed to support Dental tooth replacement and restoration procedures and treat a wide range of Spine pathologies. ZimVie Number of Employees 2019-2022 | ZIMV. ZimVie to Report Third Quarter 2022 Financial Results on November 9, 2022. Zimvie headquarters are located in 10225 Westmoor Dr, Westminster, Colorado, 80021, United States, Zimvies main industries are: Manufacturing, Medical Devices & Equipment, Dental Offices, Zimvie appears in search results as ZimVie, Zimvie Inc, ZimVie Inc Q2, International Organization for Standardization. ZimVie Inc., a medical technology company, develops, manufactures, and delivers a portfolio of products and solutions designed to treat a range of spine pathologies, and support dental tooth replacement and restoration procedures worldwide. ZimVie Expands Navigation-Compatible Platform to Include Posterior Cervical Application. Sales change information in this release is presented on a GAAP (reported) basis and on a constant currency basis. [4] Expenses incurred for initial compliance with the EU MDR for previously-approved products. Transcript : ZimVie Inc., Q3 2022 Earnings Call, Nov 09, 2022 Management believes these measures offer the ability to make period-to-period comparisons that are not impacted by certain items that can cause dramatic changes in reported income but that do not impact the fundamentals of our operations. 2022. 2022. The average salary for Employee Benefit Programs Director at companies like ZIMVIE INC in the United States is $205,810 as of September 26, 2022, but the range typically falls between $180,180 and $232,450. Facei clic pe Administrare setri pentru a obine mai multe informaii i pentru a gestiona alegerile. Holders of Zimmer Biomet common stock received one share of ZimVie common stock for every 10 shares of Zimmer Biomet common stock held on the record date, February 15, 2022. . ZimVie Inc. involved in the Dental and Spine markets which develops, manufactures and delivers a portfolio of products and solutions designed to treat Spine pathologies and support Dental tooth replacement and restoration procedures. You are cautioned not to rely on these forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. ZIMVIE INC Employee Benefits Representative III Salary | Salary.com Additionally, management believes these non-GAAP measures provide meaningful incremental information to investors to consider when evaluating the performance of the company. ZimVie Reports First Quarter 2022 Financial Results, Cost of products sold, excluding intangible asset amortization, Related party cost of products sold, excluding intangible asset amortization, Acquisition, integration, divestiture and related, Accounts receivable, net of allowance for credit losses of $14,001 and $16,545, respectively, Prepaid expenses and other current assets, Property, plant and equipment, net of accumulated depreciation of $394,986 and $418,191, respectively, Common stock, $0.01 par value, 150,000 shares authorized Shares, issued and outstanding, of 26,077 and 0, respectively, Preferred stock, $0.01 par value, 15,000 shares authorized, 0 shares issued and outstanding. Year. [5] Reflects certain items captured in the GAAP carve-out financial statements that will not continue post-spin, including, but not limited to, facilities that did not convey with ZimVie in the spin, redundant personnel costs incurred as a result of the spin, and the difference between the pre-spin allocations of Zimmer Biomets corporate costs in accordance with GAAP, versus the expected post-spin corporate costs for ZimVie. Executive Vice President & Chief Operating Officer, Senior Vice President, Chief Information Officer, Vice President and General Manager Spine Commercial Americas, Associate Director, Marketing Management Information Systems Solutions, Senior Director, Internal & Compliance Audit, Senior Director, Human Resources Operations, Global Senior Director, Operations Strategy & Planning. The sales decrease includes a $1 million loss due to a one-day closing of the company's Palm Beach Gardens, Fla. dental facility during Hurricane Ian. The increase in net income was primarily due to lower inventory charges, the release in the 2022 third quarter of a spin-related contingent . While at Medtronic, he was responsible for the global leadership of a $3 billion business that included . n Politica noastr de confidenialitate i n Politica privind modulele cookie. In March 2022 the company became an independent, publicly traded spin-off of the dental and spine business units of Zimmer Biomet to breathe new life, dedicated energy, and strategic focus to its portfolio of trusted brands and products. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. View job. The average salary for Employee Relations - Senior Manager at companies like ZIMVIE INC in the United States is $155,900 as of August 29, 2022, but the range typically falls between $138,000 and $173,000. Third party spine segment net sales of $114.1 million decreased by ($18.5) million, or (13.9%) on a reported basis and (12.9%) on a constant currency[1] basis, driven by the exit of a number of unprofitable markets in late 2021, the discontinuation of certain products, ongoing competition in the spine market, the impact of COVID-19, distributor bulk orders in the first quarter of 2021 that did not recur, and the impact of one less selling day. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Remaining amounts represent income or (expense) amounts related to various other transformational initiatives. Adjusted EBITDA margin is Adjusted EBITDA divided by Adjusted Net Sales for the applicable period. A live and archived webcast of the event will be . Adjusted EBITDA[1] for the first quarter of 2022 was $33.8 million, or 14.4% of third party sales, a decrease of ($6.0) million compared to the first quarter of 2021. The number of total employees a company has reported on it's annual filing. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of . The average salary for Employee Benefits Representative III at companies like ZIMVIE INC in the United States is $83,550 as of September 26, 2022, but the range typically falls between $73,610 and $94,710. Adjusted EBITDA is a non-GAAP financial measure provided in this release for certain periods, and is calculated by excluding certain items from net loss on a GAAP basis, as detailed in the reconciliations presented later in this press release. ZimVie Reports First Quarter 2022 Financial Results | ZimVie Inc. WESTMINSTER, Colo., Nov. 09, 2022 (GLOBE NEWSWIRE) -- ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today reported financial results for the quarter . Connect to CRM . ZimVie Reports Third Quarter 2022 Financial Results The company also provides MIS solutions, such as Vital MIS and Timberline; and motion preservation solutions, including Mobi-C and The Tether. Management will host a corresponding conference call today, November 9, 2022, at 4:30 p.m. Eastern Time. ZimVieLaura Driscoll Laura.Driscoll@ZimVie.com(774) 284-1606, Gilmartin Group LLCMarissa Bych Marissa@gilmartinir.com, ZIMVIE INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data)(unaudited), ZIMVIE INC. CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except per share data)(unaudited), ZIMVIE INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited), SUPPLEMENTAL FINANCIAL INFORMATION AND NON-GAAP FINANCIAL MEASURES (UNAUDITED), Net Sales by Segment and Region (in thousands), Reconciliation of Adjusted Net Income and Adjusted EPS (in thousands, except per share data). Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years . Dental Solutions | ZimVie Biomet acquires EBI to add bone healing system technologies. ZimVie - Crunchbase Company Profile & Funding [2] Restructuring expense is related to Zimmer Biomet's restructuring plans instituted in the fourth quarters of 2019 and 2021 with an overall objective of reducing costs to allow investment in higher priority growth opportunities. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 11 Oct '22. . Cash flows provided by (used in) financing activities: Payments related to tax withholding for share-based compensation, Net cash provided by (used in) financing activities, Effect of exchange rates on cash and cash equivalents, Increase (decrease) in cash and cash equivalents, Cash and cash equivalents, beginning of year, Pre vs. post-spin cost structure differences, One-time carve-out allocations and other one-time costs, One-time share-based compensation expense. Learn about ZimVie , including insurance benefits, retirement benefits, and vacation policy. It offers dental implant systems, prosthetic and abutment products, surgical instrumentation, and kits; bone grafts, barrier membranes, allografts, and collage n wound care products; intraoral scanners; and virtual treatment planning services, guided surgery solutions, CAD/CAM workflow systems, and patient-specific restorative components and intra-oral scanners, as well as spinal fusion implants and instrumentation for various spinal procedures, biologics, and bone healing technologies. ET on May 5 to discuss its first quarter 2022 financial results. ZimVie - Contacts, Employees, Board Members, Advisors & Alumni Stock Market | FinancialContent Business Page [8] Adjusted EBITDA Margin is Adjusted EBITDA divided by Adjusted Net Sales for the applicable period, which is calculated by adjusting Net Sales on a GAAP basis for the above items. Our people are our greatest asset. ZimVie currently expects fully diluted shares of approximately 26.6 million at fiscal year-end 2022. . Management uses non-GAAP financial measures internally to evaluate the performance of the business. Cash and cash equivalents of $116.0 million at September 30, 2022. Forward-looking statements speak only as of the date they are made, and we expressly disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. [3] Acquisition, integration, divestiture and related costs are limited to a specific period of time and related to ZimVie being established as a standalone public company. Fcnd clic pe Acceptai tot v exprimai acordul c Yahoo i partenerii notri vor procesa informaiile dvs. ZimVie Announces Launch of Next-Generation TSX Implant in the United States. Access 4000+ stock metrics covering valuations . [1] Reflects certain items captured in the GAAP carve-out financial statements that will not continue post-spin, including, but not limited to, facilities that did not convey with ZimVie in the spin, redundant personnel costs incurred as a result of the spin, and the difference between the pre-spin allocations of Zimmer Biomets corporate costs in accordance with GAAP, versus the expected post-spin corporate costs for ZimVie. ZimVie Inc. was incorporated in 2021 and is headquartered in Westminster, Colorado. We are very pleased to report our first quarterly results as a newly-spun, independent company, said Vafa Jamali, President and Chief Executive Officer of ZimVie. . Welcome to ZimVie | Dental, Spine and Bone Healing Solutions This press release also includes certain forward-looking non-GAAP financial measures for the year ending December 31, 2022. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. [6] One-time expenses captured through allocations made for purposes of the GAAP carve-out financial statement results. ZimVie Reports Third Quarter 2022 Financial Results Third party dental segment net sales of $120.6 million increased by $7.2 million, or 6.4% on a reported basis and 9.2% on a constant currency[1] basis, primarily driven by implant and digital dentistry net sales growth, partially offset by one less selling day in Q1 2022 versus Q1 2021. Third Quarter 2022 Financial Results. Senior Accountant (301) Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of . Welcome to ZimVie France | Dental, Spine and Bone Healing Solutions Employees. 1) Growth in the company is uncertain because of constant change of Managers, some hard work does not gets . n wound care products; intraoral scanners; and virtual treatment planning services, guided surgery solutions, CAD/CAM workflow systems, and patient-specific restorative components and intra-oral scanners, as well as spinal fusion implants and instrumentation for various spinal procedures, biologics, and bone healing technologies. These risks, uncertainties and changes in circumstances include, but are not limited to: the effects of the COVID-19 global pandemic and other adverse public health developments on the global economy, our business and operations and the business and operations of our suppliers and customers, including the deferral of elective procedures and our ability to collect accounts receivable; dependence on new product development, technological advances and innovation; shifts in the product category or regional sales mix of our products and services; supply and prices of raw materials and products; pricing pressures from competitors, customers, dental practices and insurance providers; changes in customer demand for our products and services caused by demographic changes or other factors; challenges relating to changes in and compliance with governmental laws and regulations affecting our U.S. and international businesses, including regulations of the U.S. Food and Drug Administration (FDA) and foreign government regulators, such as more stringent requirements for regulatory clearance of products; competition; the impact of healthcare reform measures; reductions in reimbursement levels by third-party payors; cost containment efforts sponsored by government agencies, legislative bodies, the private sector and healthcare group purchasing organizations, including the volume-based procurement process in China; control of costs and expenses; dependence on a limited number of suppliers for key raw materials and outsourced activities; the ability to obtain and maintain adequate intellectual property protection; breaches or failures of our information technology systems or products, including by cyberattack, unauthorized access or theft; the ability to retain the independent agents and distributors who market our products; our ability to attract, retain and develop the highly skilled employees we need to support our business; the effect of mergers and acquisitions on our relationships with customers, suppliers and lenders and on our operating results and businesses generally; a determination by the Internal Revenue Service that the distribution or certain related transactions should be treated as taxable transactions; financing transactions undertaken in connection with the separation and risks associated with additional indebtedness; the impact of the separation on our businesses and the risk that the businesses will not be separated successfully or such separation may be more difficult, time-consuming and/or costly than expected, which could impact our relationships with customers, suppliers, employees and other business counterparties; restrictions on activities following the distribution in order to preserve the tax-free treatment of the distribution; the ability to form and implement alliances; changes in tax obligations arising from tax reform measures, including European Union (EU) rules on state aid, or examinations by tax authorities; product liability, intellectual property and commercial litigation losses; changes in general industry and market conditions, including domestic and international growth rates; changes in general domestic and international economic conditions, including interest rate and currency exchange rate fluctuations; and the impact of the ongoing financial and political uncertainty on countries in the Euro zone on the ability to collect accounts receivable in affected countries. Further, an investor presentation containing additional business and financial information of the company is available at https://investor.zimvie.com/. Third party net sales for the third quarter of 2022 were $213.3 million, a decrease of (10.6%) on a reported basis and (6.8%) on a constant currency [1] basis .