Conmed (CNMD) Tops Q4 EPS by 8c, Offers Guidance

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Go back to Conmed (CNMD) Tops Q4 EPS by 8c, Offers Guidance

CONMED Corporation Announces Fourth Quarter and Full-Year 2020 Financial Results

January 27, 2021 4:05 PM EST

LARGO, Fla.--(BUSINESS WIRE)-- CONMED Corporation (NYSE: CNMD) today announced financial results for the fourth quarter ended December 31, 2020.

Fourth Quarter 2020 Highlights

Sales of $252.8 million decreased 4.5% year over year as reported and 5.2% in constant currency. Domestic revenue decreased 0.7% year over year. International revenue decreased 9.1% as reported year over year and 10.5% in constant currency. Diluted net earnings per share (GAAP) were $0.81, compared to diluted net earnings per share of $0.49 in the fourth quarter of 2019. Adjusted diluted net earnings per share(1) were $0.84 versus adjusted diluted... More