Conmed (CNMD) Misses Q2 EPS by 8c, Maintains FY15 Guidance

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CONMED Corporation Announces Second Quarter 2015 Financial Results

July 21, 2015 4:01 PM EDT

UTICA, N.Y.--(BUSINESS WIRE)-- CONMED Corporation (Nasdaq: CNMD) today announced financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Sales were $181.0 million, a decrease of 3.8%, compared to the second quarter of 2014. On a constant currency basis, sales decreased 0.4% over the prior-year period. Diluted earnings per share (GAAP) were $0.27, compared to $0.37 in the second quarter of 2014. Adjusted diluted earnings per share were $0.36 versus $0.47 in the prior-year period. Appointed Peter Shagory as Executive Vice... More