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STRYKER PROFITS UP 42 PERCENT FOR QUARTER ENDED MARCH 31, 1992

 STRYKER PROFITS UP 42 PERCENT FOR QUARTER ENDED MARCH 31, 1992
 KALAMAZOO, Mich., April 15 /PRNewswire/ -- Stryker Corporation (NASDAQ-NMS: STRY) reported today that net sales for the first quarter ended March 31, 1992 were $112,590,000, representing a 31-percent increase over sales of $85,681,000 in 1991. Net earnings for the quarter increased 42 percent to $11,030,000 from $7,780,000 in 1991 and net earnings per share increased 44 percent to $0.23 from $0.16 in 1991.
 Sales of surgical products increased 27 percent in the first quarter of 1992 compared to 1991. The leading surgical sales gains came from endoscopic systems, Osteonics orthopedic implants and powered surgical instruments.
 Sales of medical products increased 57 percent in the first quarter of 1992 compared to 1991. The medical sales gain resulted from growth across the entire line of patient-handling equipment and increased revenues from physical therapy services.
 International sales increased 32 percent in the first quarter, led by Osteonics orthopedic implant sales by the company's Pacific Division and endoscopic system sales by the Europe and Americas Divisions. International sales were 33 percent of total sales in 1992 and 32 percent in 1991.
 Stryker Corporation develops, manufactures and markets specialty surgical and medical products, including orthopedic implants, endoscopic systems, powered surgical instruments and patient-handling equipment for the world market. Its shares are traded in the over-the-counter market on the NASDAQ National Market System under the symbol STRY.
 STRYKER CORPORATION
 FIRST-QUARTER RESULTS
 Pct.
 1992 1991 Increase
 Sales $112,590,000 $85,681,000 31
 Pre-Tax Earnings 17,790,000 12,550,000 42
 Net Earnings 11,030,000 7,780,000 42
 Net Earnings Per Share .32 .16 44
 Average Shares Outstanding 47,643,000 47,491,000 --
 Average shares and net earnings per share for 1991 have been adjusted for the 2-for-1 stock split effective May 13, 1991.
 -0- 4/15/92
 /CONTACT: David J. Simpson of Stryker Corporation, 616-385-2600/
 (STRY) CO: Stryker Corporation ST: Michigan IN: SU: ERN


DH -- DE005 -- 8513 04/15/92 09:12 EDT
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Publication:PR Newswire
Date:Apr 15, 1992
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