LARGO, Fla. (AP) — LARGO, Fla. (AP) — Conmed Corp. (CNMD) on Wednesday reported third-quarter profit of $2.9 million.
The Largo, Florida-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, were $1.08 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.
The medical technology company posted revenue of $337.9 million in the period.
Conmed expects full-year earnings in the range of $4.48 to $4.53 per share, with revenue expected to be $1.37 billion.
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