Published on 25 Apr 2024 on Zacks via Yahoo Finance
CONMED (CNMD) Q1 Earnings & Revenues Surpass Estimates
CONMED Corporation CNMD delivered adjusted earnings per share (EPS) of $0.79 in first-quarter 2024, which beat the Zacks Consensus Estimate of $0.74 by 6.8%. The bottom line improved 19.7% from the year-ago quarter’s level.
GAAP EPS for the quarter was 63 cents compared with 6 cents per share in the year-ago period.
The company’s shares have lost 25.8% in the past six months against the industry’s rise of 10.0%. The broader S&P 500 Index has gained 23% in the same time frame.