secwatch.observer — SEC 8-K summary
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Issuer:     CONMED Corp (CNMD)
CIK:        0000816956
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001193125-22-285239
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CONMED withdraws FY2022 outlook due to warehouse software disruption; provides FY2023 guidance
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- Service level disruptions from new warehouse software impacted Q4 shipments; backlog peaked at $35M, now $28M.
- Withdrawal of FY2022 outlook attributed solely to temporary software implementation issues.
- FY2023 revenue guidance: $1.170B-$1.230B; adjusted EPS guidance: $3.20-$3.50.
- Daily shipment volumes have returned to normal; backlog expected to be shipped in coming weeks.
- CEO and CFO to discuss at Stifel 2022 Healthcare Conference on Nov 15, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816956/000119312522285239/0001193125-22-285239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816956/000119312522285239/d380158d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-285239

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