Summary
Stryker Corporation (SYK) filed an amendment to its 10-Q filing for the period ending June 29, 2012. The primary purpose of this amendment appears to be the submission of certifications by the Interim Chief Executive Officer and the Vice President and Chief Financial Officer, as required by Section 1350 of 18 U.S.C. This suggests that the company is adhering to regulatory requirements regarding financial reporting accuracy. Investors should note that the amendment itself does not introduce new financial data or operational updates, but rather reinforces the integrity of the previously filed financial statements for the second quarter of 2012.
Financial Highlights
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Financial Statements
Beta
| Revenue | $2.11B |
| Cost of Revenue | $672.00M |
| Gross Profit | $1.43B |
| R&D Expenses | $116.00M |
| SG&A Expenses | $823.00M |
| Operating Expenses | $989.00M |
| Operating Income | $445.00M |
| Net Income | $325.00M |
| EPS (Basic) | $0.85 |
| EPS (Diluted) | $0.85 |
| Shares Outstanding (Basic) | 381.00M |
| Shares Outstanding (Diluted) | 383.30M |
Key Highlights
- 1Amendment filed for the 10-Q report ending June 29, 2012, on July 24, 2012.
- 2The amendment includes certifications pursuant to 18 U.S.C. Section 1350.
- 3Certifications are provided by the Interim Chief Executive Officer and the Vice President and Chief Financial Officer.
- 4This filing addresses the accuracy of the financial information presented in the original 10-Q.
- 5No new financial performance data or operational details are presented in this amendment.
Frequently Asked Questions
The main purpose of this 10-Q/A filing is to submit certifications by Stryker's Interim CEO and CFO, confirming the accuracy of the financial statements previously filed in the original 10-Q for the period ending June 29, 2012, as required by 18 U.S.C. Section 1350.
No, this amendment does not contain new financial results or operational updates. It specifically pertains to the certifications regarding the accuracy of the financial information already disclosed in the original 10-Q filing.
These certifications are important as they provide assurance from top management that the company's financial statements are accurate and fairly presented, in accordance with SEC regulations. This reinforces investor confidence in the integrity of the reported financial data.