The company exited 2Q20 with double-digit growth that accelerated to the mid-teens in July as new products and competitive rep hiring drove share gains.
A quicker than expected market recovery mitigated COVID's impact on the company's 2Q20 revenue as Zimmer Biomet shifts its focus to high-growth segments.
The company exited June 2020 with revenues up +42% compared to the prior year as it benefitted from a backlog of procedures rescheduled in March and April.
Sports medicine revenue from the acquisition of Parcus Medical and Arthrosurface helped Anika navigate the low point of the COVID orthopedic market in 2Q20.
While the company’s orthopedic segments continue to recover from the April low point, the Mako robotic system continued its strong growth trend in 2Q20.
Amplitude's sales fell nearly -14% for their fiscal year 2020 due to COVID-19, but the company's foot and ankle products still managed double-digit growth.