Conmed (CNMD) Misses Q1 EPS by 2c, Offers FY15 Guidance

Go back to Conmed (CNMD) Misses Q1 EPS by 2c, Offers FY15 Guidance

CONMED Corporation Announces First Quarter 2015 Financial Results

April 22, 2015 4:01 PM EDT

UTICA, N.Y.--(BUSINESS WIRE)-- CONMED Corporation (Nasdaq: CNMD) today announced financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

Sales were $177.9 million, a decrease of 2.2% compared to the first quarter of 2014. On a constant currency basis, sales increased 0.8% over the prior-year period. Diluted earnings per share (GAAP) were $0.23, compared to $0.31 in the first quarter of 2014. Adjusted diluted earnings per share were $0.42 versus $0.49 in the prior-year period.

"Our focus remains on... More