ConforMIS Inc (CFMS) Tops Q2 EPS by 8c, FY Revenue Guidance Misses Views

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ConforMIS Reports Second Quarter 2017 Financial Results and Updates Fiscal Year 2017 Guidance

August 3, 2017 4:05 PM EDT

BILLERICA, Mass., Aug. 03, 2017 (GLOBE NEWSWIRE) -- ConforMIS, Inc. (NASDAQ: CFMS), a medical technology company that uses its proprietary iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants that are customized to fit each patient's unique anatomy, announced today financial results for the second quarter ended June 30, 2017.

Q2 Summary:

Total revenue of $18.5 million, down 4.4% year-over-year on a reported basis and down 3.6% on a constant currency basisProduct revenue of $18.0 million, down 5.5% year-over-year on a reported basis and down 4.8% on a constant currency basis-... More