CONMED (CNMD) Misses on Q4 Earnings, Beats Revenue Estimates [Yahoo! Finance]
CONMED Corporation (CNMD)
Last conmed corporation earnings: 4/29 04:05 pm
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conmed.com/en/about-us/investors/investor-relations
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Source: Yahoo! Finance
of $1.11 by 4.5%. However, the bottom line improved 152.4% from the year-ago quarter's level. GAAP EPS for the quarter was $1.05 compared with 86 cents per share in the year-ago period. The company's shares have lost 28.0% in the past six months compared with the industry's fall of 2.2%. The broader S&P 500 Index has gained 7% in the same time frame. Image Source: Zacks Investment Research Revenues in Detail CONMED's revenues totaled $327.0 million, up 30.4% year over year. The top line beat the Zacks Consensus Estimate by 1.8%. At constant exchange rate (CER), revenues increased 31.5%. Additional sales from the newly acquired businesses contributed approximately 40 basis points of growth. CNMD's fourth-quarter sales were driven by strong growth in the United States as well as international markets. The company's two products, In2Bones and BioBrace, were the key drivers during the reported quarter. However, its legacy orthopedic business was hurt by supply constraints. S
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CNMD
News
- CONMED Corporation (NYSE:CNMD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CONMED (CNMD) Q1 Earnings & Revenues Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- CONMED Co. (NYSE: CNMD) had its price target lowered by analysts at JPMorgan Chase & Co. from $115.00 to $75.00. They now have an "overweight" rating on the stock.MarketBeat
- CONMED Co. (NYSE: CNMD) had its price target lowered by analysts at Wells Fargo & Company from $98.00 to $77.00. They now have an "equal weight" rating on the stock.MarketBeat
- CONMED Co. (NYSE: CNMD) had its price target lowered by analysts at Piper Sandler from $100.00 to $95.00. They now have an "overweight" rating on the stock.MarketBeat
CNMD
Earnings
- 4/24/24 - Miss
CNMD
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- CNMD's page on the SEC website