Wright Medical

OverviewSuggest Edit

Wright Medical is a global medical device company focused on providing extremity and biologic solutions that enable clinicians to alleviate pain and restore their patients’ lifestyles. The company is a recognized leader of surgical solutions for the upper extremity (shoulder, elbow, wrist and hand), lower extremity (foot and ankle) and biologics markets, three of the fastest growing segments in orthopedics.
TypePublic
HQMemphis, TN, US
Websitewright.com
Employee Ratings3.8
Overall CultureF

Latest Updates

Employees (est.) (Dec 2019)3,030(+5%)
Revenue (FY, 2019)$920.9 M(+11%)
Share Price (Nov 2020)$30
Cybersecurity ratingBMore
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Key People/Management at Wright Medical

Robert J. Palmisano

Robert J. Palmisano

President, CEO & Executive Director
Lance A. Berry

Lance A. Berry

Executive Vice President, Chief Financial and Operations Officer
James A. Lightman

James A. Lightman

Sr. Vice President, General Counsel and Secretary
Peter S. Cooke

Peter S. Cooke

President, Emerging Markets, Australia and Japan
J. Wesley Porter

J. Wesley Porter

Sr. Vice President, Chief Compliance Officer
Kevin Cordell

Kevin Cordell

Executive Vice President, Chief Global Commercial Officer
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Wright Medical Office Locations

Wright Medical has offices in Memphis, Arlington, Bloomington, Columbia City and in 14 other locations
Memphis, TN, US (HQ)
1023 Cherry Rd
Arlington, TN, US
11576 Memphis Arlington Rd
Bloomington, MN, US
10801 Nesbitt Ave S
Columbia City, IN, US
4375 Park 30
Franklin, TN, US
389 Nichol Mill Ln
Frenchs Forest, AU
Unit 10/14 Rodborough Rd
Show all (20)

Wright Medical Financials and Metrics

Wright Medical Revenue

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Wright Medical's revenue was reported to be $920.9 m in FY, 2019
USD

Revenue (Q3, 2020)

223.4m

Gross profit (Q3, 2020)

178.2m

Gross profit margin (Q3, 2020), %

79.8%

Net income (Q3, 2020)

(19.7m)

EBIT (Q3, 2020)

16.4m

Market capitalization (19-Nov-2020)

3.9b

Closing stock price (19-Nov-2020)

30.0

Cash (27-Sept-2020)

141.5m

EV

5.0b
Wright Medical's current market capitalization is $3.9 b.
USDQ1, 2013

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
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Wright Medical Acquisitions / Subsidiaries

Company NameDateDeal Size
CartivaAugust 28, 2018$435 m

Wright Medical Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Wright Medical Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Wright Medical Online and Social Media Presence

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Wright Medical Company Culture

  • Overall Culture

    F

    45/100

  • CEO Rating

    F

    10/100

  • Compensation

    D

    55/100

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Wright Medical News and Updates

Worldwide Bone Void Fillers Industry to 2026 - Featuring BoneSupport, Wright Medical and Arthrex Among Others

Dublin, Jan. 26, 2022 (GLOBE NEWSWIRE) -- The "Global Bone Void Fillers Market, By Material (Demineralized Bone Matrix (DBM), Calcium Sulphate, Tri-Calcium Phosphate, Others), By Form (Gel, Granules, Paste, Others) By Procedure, By End User, By Company, By Region, Forecast & Opportunities, 202…

Conformis, Inc. Announces Settlement of Wright Medical Patent Litigation

Conformis Settles Wright Medical Litigation Related to Patient-Specific Instruments for Use with Shoulder Implants Conformis Settles Wright Medical Litigation Related to Patient-Specific Instruments for Use with Shoulder Implants

Lifshitz Law Firm, P.C. Announces Investigation of 58.com Inc. (NYSE: WUBA), Bitauto Holdings Limited (NYSE: BITA), Bridge Bancorp, Inc. (BDGE), Dime Community Bancshares, Inc. (DCOM), China XD Plastics Company Limited (NASDAQ: CXDC), Finjan Holdings, Inc. (NASDAQ: FNJN), Willis Towers Watson Public Limited Company (NASDAQ: WLTW), and Wright Medical Group N.V. (WMGI)

NEW YORK, July 7, 2020 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of WUBA to Quantum Bloom Group Ltd. for $28.00 per class A or B share and $56.00 in cash for each American...

Why Was Wright Medical Group Stock Up 30% Last Monday?

Wright Medical Group (NASDAQ: WMGI), a medical device maker that caters to the orthopedic market, saw its stock rally by over 30% on Monday, after news emerged that it would be acquired by larger rival Stryker Corporation. Stryker will pay $30.75 in cash for each of Wright’s outstanding shares...

UPDATE 2-Stryker boosts bone implants with $4 bln Wright Medical buyout

Medical device maker Stryker Corp said on Monday it would buy smaller rival Wright Medical Group for about $4 billion in cash, to gain access to the fast-growing upper-body joint implants business.

UPDATE 1-Medical device maker Stryker to buy Wright Medical for $4 bln

Medical device maker Stryker Corp said on Monday it would buy smaller rival Wright Medical Group for about $4 billion in cash, to strengthen its upper-body joint implants business.
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Wright Medical Blogs

Wright Medical Announces Fundamental Change With Respect to the 2.25% Cash Convertible Senior Notes due 2021 issued by Wright Medical Group N.V. and the 1.625% Cash Exchangeable Senior Notes due 2023 issued by Wright Medical Group, Inc.

AMSTERDAM, The Netherlands , Nov. 12, 2020 (GLOBE NEWSWIRE) -- Wright Medical today announced that in connection with the tender offer (the “Tender Offer”) and the mergers (the “Mergers”) pursuant to which Wright Medical Group N.V. (“WMG”) was acquired by Stryker Corporation, Stryker Unite, Ltd.

Wright Medical Frequently Asked Questions

  • Who are Wright Medical key executives?

    Wright Medical's key executives are Robert J. Palmisano, Lance A. Berry and James A. Lightman.

  • How many employees does Wright Medical have?

    Wright Medical has 3,030 employees.

  • What is Wright Medical revenue?

    Latest Wright Medical annual revenue is $920.9 m.

  • What is Wright Medical revenue per employee?

    Latest Wright Medical revenue per employee is $303.9 k.

  • Who are Wright Medical competitors?

    Competitors of Wright Medical include DePuy Synthes, Integra LifeSciences and Medtronic.

  • Where is Wright Medical headquarters?

    Wright Medical headquarters is located at 1023 Cherry Rd, Memphis.

  • Where are Wright Medical offices?

    Wright Medical has offices in Memphis, Arlington, Bloomington, Columbia City and in 14 other locations.

  • How many offices does Wright Medical have?

    Wright Medical has 20 offices.