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

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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