---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-000151"
form_type: "8-K"
ticker: "CNMD"
cik: "0000816956"
company_name: "CONMED Corp"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:02:26.544406+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CONMED reports Q4 sales down 8.4%, adj. EPS down 60.7% on warehouse software disruption

## Summary
- Q4 sales $250.9M (-8.4% YoY); GAAP EPS $0.86 vs $0.75 YoY; adjusted EPS $0.42 vs $1.07.
- Full-year sales $1,045.5M (+3.4%); GAAP net loss per share $2.68; adjusted EPS $2.65 (-17.4%).
- Q4 disruptions from new warehouse management system; management cites daily shipping now at or above historical rates.
- 2023 guidance: revenue $1.17B-$1.22B, adjusted EPS $3.20-$3.45, with FX headwind of $0.20-$0.25 per share.
- Completed acquisitions of In2Bones (June 2022) and Biorez (Aug 2022), contributing ~240bps to full-year growth.

## SEC filing metadata
- accession: 0001174947-23-000151
- form_type: 8-K
- ticker: CNMD
- cik: 0000816956
- company_name: CONMED Corp
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/816956/000117494723000151/0001174947-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/816956/000117494723000151/form8k-29345_cnmd.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-000151
- JSON: https://secwatch.observer/filing/0001174947-23-000151.json
- Plain text: https://secwatch.observer/filing/0001174947-23-000151.txt

## Key facts
- Earnings Releases
  CONMED Corp reported the fourth quarter ended December 31, 2022 results: revenue $250.9 million, net income $26,584, EPS $0.86.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $250.9 million
  - Net income: $26,584
  - EPS: $0.86
  - Result: reported results
  source text: December 31, 2022. Fourth Quarter 2022 Highlights · Fourth quarter 2022 sales significantly impacted by the implementation of new warehouse management software. · Sales of $250.9 million decreased 8.4% year over year as reported and 7.0% in constant currency. Acquisitions contributed approximately 460 basis points of growth. · Domestic revenue decreased 3.9% year
  evidence_url: https://www.sec.gov/Archives/edgar/data/816956/000117494723000151/0001174947-23-000151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.