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Stock impact report

CONMED Q1 Earnings Call Highlights [Yahoo! Finance]

CONMED Corporation (CNMD) 
Last conmed corporation earnings: 4/29 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
businesses; Q1 sales were $317 million (down 1.3% y/y) but excluding the GI exit sales rose 3.8% and adjusted gross margin improved 100 basis points to 57.4%, while adjusted EPS was $0.89 (down 6.3%) due to the GI exit. AirSeal, Buffalo Filter and BioBrace are the core growth platforms — AirSeal has a 10,000-system installed base and is under-penetrated in laparoscopy (6–7% of ~3M U.S. procedures), Buffalo Filter/PlumeSafe X5 is gaining traction amid smoke-free OR regulations, and BioBrace shows strong clinical support with 30+ studies and an RCT completing enrollment in 2026. Management raised 2026 organic growth guidance to 5.0%–6.5% and set full-year revenue at $1.35–1.375 billion, while targeting a roughly 3x leverage; the company plans to refinance with bank debt (instead of new convertibles), which could raise interest expense and lower adjusted EPS by at least $0.10. Interested in CONMED Corporation? Here are five stocks we like better. Med-tech stock Conmed dips ahead Show less Read more
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