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ConforMIS: Q1 Earnings Snapshot
By AP News - May 08, 2023, 08:12 AM ET
Last Updated - Jun 21, 2023, 10:04 PM EDT
BILLERICA, Mass. (AP) — BILLERICA, Mass. (AP) — ConforMIS Inc. (CFMS) on Monday reported a loss of $9.6 million in its first quarter.
On a per-share basis, the Billerica, Massachusetts-based company said it had a loss of $1.32.
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The medical technology company posted revenue of $12.8 million in the period.
For the current quarter ending in June, ConforMIS said it expects revenue in the range of $11 million to $13 million.
The company's shares closed at $1.33. A year ago, they were trading at $12.17.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a CFMS">Zacks stock report on CFMS at https://www.zacks.com/ap/CFMS
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