<span item_type="fundamental" item_id="373d4795342483fd695869ab73ef234a" counter_id="ST/US/ZIMV" env="prod"></span><span item_type="announcement" item_id="513929434719719553" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 112 M, missing the estimate of USD 113.41 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.09, missing the estimate of USD 0.0007.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 11.12 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Net sales from continuing operations for the first quarter of 2025 were $112.0 million, a decrease of 5.2% on a reported basis and 4.1% in constant currency compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net loss from continuing operations was - $2.6 million, an improvement of $8.9 million compared to a net loss of - $11.5 million in the first quarter of 2024. The net loss margin was - 2.3%, an improvement of 740 basis points from - 9.7% in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Adjusted net income for the first quarter of 2025 was $7.4 million, an increase of $5.2 million compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Adjusted EBITDA for the first quarter of 2025 was $17.6 million, or 15.7% of net sales, an increase of $5.1 million or 520 basis points compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Adjusted EBITDA was $17.6 million for Q1 2025, an increase from $12.5 million in Q1 2024, showing a growth of $5.1 million or 41%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li><li>Adjusted EPS was $0.27 for Q1 2025, up from $0.08 in Q1 2024, an increase of $0.19 or 238%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li><li>Adjusted Cost of Products Sold was 33.6% of sales for Q1 2025, improved from 37.2% in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the first quarter of 2025 was - $13.9 million, compared to - $11.5 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Cash and cash equivalents were $66.8 million as of December 31, 2024, down from $75.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>GAAP diluted EPS from continuing operations was - $0.09, and adjusted diluted EPS was $0.27 for the first quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Adjusted EBITDA Margin was 15.7% for Q1 2025, up from 10.5% in Q1 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>For the full year 2025, ZimVie Inc. projects net sales between $445 million and $460 million, adjusted EBITDA between $65 million and $70 million, and adjusted EPS between $0.80 and $0.95.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex991.htm"></span></li><li>Net sales guidance for FY 2025 is expected to be between $445 million and $460 million, with growth anticipated to be flat to 3%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li><li>Adjusted EBITDA guidance for FY 2025 is projected to be between $65 million and $70 million, with growth ranging from 8% to 17%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li><li>Adjusted EPS guidance for FY 2025 is forecasted to be between $0.80 and $0.95, reflecting growth of 31% to 55%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1876588/000119312525115963/d908715dex992.htm"></span></li></ul>

Zimvie - WI | 8-K: FY2025 Q1 Revenue Misses Estimate at USD 112 M