Conmed: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 05:22 PM ET
Last Updated - Oct 30, 2024, 05:22 PM EDT
LARGO, Fla. (AP) — LARGO, Fla. (AP) — Conmed Corp. (CNMD) on Wednesday reported third-quarter earnings of $49 million.
The Largo, Florida-based company said it had profit of $1.57 per share. Earnings, adjusted for non-recurring gains, came to $1.05 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The medical technology company posted revenue of $316.7 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $318.5 million.
