ConforMIS Inc (CFMS) Misses Q2 EPS by 1c

Go back to ConforMIS Inc (CFMS) Misses Q2 EPS by 1c

Conformis Reports Second Quarter 2022 Financial Results

August 8, 2022 4:45 PM EDT

BILLERICA, Mass., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ: CFMS), an orthopedic medical device company that features personalized knee and hip replacement products, announced today financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Summary

Total revenue of $15.3 million. Total revenue in the second quarter of 2021 included significant non-recurring royalty revenue.Product revenue of $15.1 million, remained flat year-over-year on a reported basis and increased 1% on a constant currency basis.Conformis hip system revenue of $0.7 million, a decrease of 18% year-over-year.Cash and cash equivalents of... More