Conmed Corp. releases Q4 2016 financial results — 5 key notes

Medical technology company, Conmed fell just short of expectations for it’s quarterly earnings per share.

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Here are five things to know:

 

1. Conmed Corp. reported $0.54 earnings per share for the quarter, falling short of the analyst consensus estimate by $0.02.

 

2. While analyst estimates expected the company to post revenue of $204.64, Conmed ended up posting $204.10.

 

3. Meanwhile, the Conmed’s revenue was up 6.9 percent compared to last year’s corresponding quarter.

 

4. Conmed is a medical device technology company based in Utica, N.Y.

 

5. Surgeons use the company’s products in orthopedic surgery and other operations.

 

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