earnings
confidence high
sentiment positive
materiality 0.75
CONMED Q3 sales $304.6M (+10.7% YoY); adj. EPS $0.90 (+16.9%); raises FY guidance
CONMED Corp
2023-Q3 EPS reported
$0.99
revenue$917,699,000
- Revenue of $304.6M, +10.7% reported (+11.9% constant currency). Domestic +9.5%, International +12.3%.
- GAAP diluted EPS $0.50 (vs $1.48); Adjusted diluted EPS $0.90, up 16.9% from $0.77.
- General Surgery sales $179.9M (+15% reported); Orthopedic Surgery $124.7M (+5.1%).
- Full-year revenue guidance raised to $1.24B-$1.26B; adj. EPS guidance raised to $3.45-$3.55.
- Adjusted EBITDA margin 19.6% vs 19.4% prior year.