Conmed (CNMD) Tops Q2 EPS by 1c; Raises Outlook

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Go back to Conmed (CNMD) Tops Q2 EPS by 1c; Raises Outlook

CONMED Corporation Announces Second Quarter 2018 Financial Results

August 1, 2018 4:01 PM EDT

UTICA, N.Y.--(BUSINESS WIRE)-- CONMED Corporation (Nasdaq: CNMD) today announced financial results for the second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Sales of $212.8 million increased 7.9% year over year as reported and 7.4% in constant currency and as adjusted(1). Domestic revenue increased 9.6% year over year as reported and 12.0% as adjusted(1). International revenue increased 6.2% as reported and 2.9% in constant currency. Gross margin (GAAP) increased 150 basis points and adjusted gross margin increased 190 basis points year over year to... More