Conmed (CNMD) Tops Q2 EPS by 88c

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CONMED Corporation Announces Second Quarter 2020 Financial Results

July 29, 2020 4:05 PM EDT

UTICA, N.Y.--(BUSINESS WIRE)-- CONMED Corporation (NYSE: CNMD) today announced financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Sales of $157.8 million decreased 33.8% year over year as reported and 32.6% in constant currency. Domestic revenue decreased 32.2% year over year. International revenue decreased 35.6% as reported and 33.0% in constant currency. Diluted net loss per share (GAAP) was $0.96, compared to diluted net earnings per share of $0.19 in the second quarter of 2019. Adjusted diluted net loss per share(1) was $0.07 versus... More