ConforMIS Inc (CFMS) Tops Q3 EPS by 8c, Revenues Beat; Raises FY18 Revenue Outlook Above Consensus

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Go back to ConforMIS Inc (CFMS) Tops Q3 EPS by 8c, Revenues Beat; Raises FY18 Revenue Outlook Above Consensus

Conformis Reports Third Quarter 2018 Financial Results and Updates Fiscal Year 2018 Guidance

October 31, 2018 4:05 PM EDT

BILLERICA, Mass., Oct. 31, 2018 (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 patient specific joint replacement implants designed to fit each patient's unique anatomy, announced today financial results for the third quarter ended September 30, 2018.

Q3 Summary

Total revenue of $29.0 million, up 57% year-over-year on a reported and constant currency basis, including a royalty settlement of $10.5 millionProduct revenue of $18.3 million, up 1% year-over-year on a reported and constant currency basis U.S. product revenue of $16.3... More