LARGO, Fla. (AP) — LARGO, Fla. (AP) — Conmed Corp. (CNMD) on Wednesday reported second-quarter profit of $21.4 million.
On a per-share basis, the Largo, Florida-based company said it had profit of 69 cents. Earnings, adjusted for non-recurring costs, came to $1.15 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The medical technology company posted revenue of $342.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $339.6 million.
Conmed expects full-year earnings in the range of $4.40 to $4.55 per share, with revenue in the range of $1.36 billion to $1.38 billion.
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