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Conmed (CNMD) Reports Q1 Earnings: What Key Metrics Have to Say

Apr 24, 2024, 8:09 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Conmed reported Q1 revenue of $312.27M, up 5.7% YoY with EPS of $0.79. - Revenue and EPS beat Zacks Consensus Estimates, with +1.70% and +6.76% surprises respectively. - Net Sales in Orthopedic and General Surgery segments increased year over year. - Shares of Conmed returned -7.5% over the past month, with Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Conmed reported Q1 revenue of $312.27M, up 5.7% YoY with EPS of $0.79.
  • Revenue and EPS beat Zacks Consensus Estimates, with +1.70% and +6.76% surprises respectively.
  • Net Sales in Orthopedic and General Surgery segments increased year over year.
  • Shares of Conmed returned -7.5% over the past month, with Zacks Rank #3 (Hold).

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