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Stryker Cuts Outlook as Cyberattack Impact on Supply Lingers
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Stryker Cuts Outlook as Cyberattack Impact on Supply Lingers Stryker Corp. slashed its outlook as the medical device company struggles to shake off the lingering effects of a cyberattack in March that disrupted manufacturing operations. The Portage, Michigan-based company now expects organic revenue to rise between 6.5% and 7% in 2026, compared to a previous forecast of as much as 9.3% growth. It also lowered its adjusted earnings per share guidance for the year.
Stryker Cuts Outlook as Cyberattack Impact on Supply Lingers
Stryker Corp. slashed its outlook as the medical device company struggles to shake off the lingering effects of a cyberattack in March that disrupted manufacturing operations.
The Portage, Michigan-based company now expects organic revenue to rise between 6.5% and 7% in 2026, compared to a previous forecast of as much as 9.3% growth. It also lowered its adjusted earnings per share guidance for the year.