Welcome to our dedicated page for Conmed news (Ticker: CNMD), a resource for investors and traders seeking the latest updates and insights on Conmed stock.
Conmed Corporation (CNMD) is a globally recognized medical technology company headquartered in Utica, New York. Specializing in the design, manufacturing, and distribution of surgical and patient monitoring products, Conmed plays a pivotal role in advancing healthcare outcomes. The company’s mission is to improve the quality of healthcare through innovative and high-quality medical solutions that empower healthcare professionals to deliver superior patient care.
Core Business Areas
Conmed operates across several key medical specialties, including:
- Orthopedics: Providing advanced surgical tools and implants for sports medicine and other orthopedic procedures.
- General Surgery: Offering devices and instruments designed to enhance surgical precision and efficiency.
- Gynecology: Delivering specialized products tailored for women’s health and minimally invasive procedures.
- Gastroenterology and Pulmonology: Supplying innovative solutions for diagnostic and therapeutic interventions in the digestive and respiratory systems.
- Anesthesiology: Developing patient monitoring systems that ensure safety and reliability during surgical procedures.
Global Reach and Market Presence
With a strong presence in the United States, Europe, the Middle East, Africa, Asia Pacific, and North America, Conmed serves a diverse range of healthcare providers worldwide. Its products are trusted by surgeons and medical professionals across multiple specialties, showcasing its commitment to enhancing patient outcomes on a global scale.
Business Model and Revenue Generation
Conmed generates revenue through the direct sale of its medical devices and equipment to hospitals, surgical centers, and healthcare institutions. By focusing on customer satisfaction and building long-term partnerships, the company ensures a steady demand for its innovative solutions. Its emphasis on research and development enables the continuous introduction of cutting-edge technologies that address evolving medical needs.
Competitive Landscape
Operating within the highly competitive medical technology industry, Conmed faces competition from major players such as Medtronic, Stryker, and Johnson & Johnson. The company differentiates itself through its customer-centric approach, commitment to quality, and targeted focus on specific medical specialties. Its ability to innovate and adapt to changing healthcare trends further strengthens its market position.
Commitment to Excellence
Conmed's dedication to improving healthcare extends beyond its products. The company prioritizes thoughtful leadership, employee development, and community engagement. By fostering a culture of innovation and responsibility, Conmed reinforces its role as a trusted partner in the global medical community.
Conclusion
Conmed Corporation exemplifies the integration of cutting-edge technology and a customer-first philosophy within the medical device industry. Its focus on enhancing clinical outcomes, coupled with a robust global presence, positions the company as a key contributor to the advancement of healthcare worldwide. By continuously innovating and maintaining high standards of quality, Conmed remains a vital player in the ever-evolving medical technology landscape.
CONMED Corporation (NYSE:CNMD) will announce its fourth-quarter 2021 financial results after market close on January 26, 2022. The company's management will host a conference call at 4:30 p.m. ET the same day to discuss these results. Interested participants can join the call via phone or webcast through CONMED's website. A recording will be available for a week following the call. The company focuses on surgical devices for minimally invasive procedures across various medical specialties.
CONMED Corporation (NYSE: CNMD) has declared a quarterly cash dividend of
CONMED Corporation (NYSE: CNMD) has announced its participation in the Piper Sandler 33rd Annual Virtual Healthcare Conference. The pre-recorded fireside chat featuring Chair and CEO Curt R. Hartman and CFO Todd W. Garner will be available from 10:00 a.m. ET on November 22 until December 2, 2021, for registered attendees. Additionally, the chat can be replayed on the Company’s website starting November 22 at 10 a.m. ET. CONMED specializes in surgical devices for minimally invasive procedures across various medical specialties.
CONMED Corporation (NYSE: CNMD) announced that
CONMED Corporation (NYSE: CNMD) has announced that Curt R. Hartman, Chair of the Board, President, and CEO, along with Todd W. Garner, Executive VP and CFO, will present at the Stifel 2021 Virtual Healthcare Conference on November 16, 2021, at 2:40 ET. Interested parties can access a live webcast through the Company’s website. CONMED specializes in providing innovative surgical devices for minimally invasive procedures across various medical specialties, including orthopedics and general surgery.
CONMED Corporation (NYSE: CNMD) reported a 4.6% year-over-year increase in sales for Q3 2021, totaling $248.8 million. Domestic sales rose 1.6%, while international sales grew by 8.5%. Diluted EPS was $0.47, up from $0.23 in Q3 2020. Adjusted diluted EPS decreased to $0.80 from $0.88. The company adjusted its full-year revenue guidance to $1.015 billion - $1.025 billion due to ongoing pandemic impacts. Full-year adjusted diluted EPS guidance is now $3.18-$3.23, slightly revised from $3.15-$3.25.
CONMED Corporation (NYSE: CNMD) will release its financial results for the third quarter of 2021 on October 27, 2021, after the market closes. A conference call to discuss these results is scheduled for 4:30 p.m. ET on the same day. Participants can join via phone or through a webcast available on CONMED's website. The call will be re-playable from 7:30 p.m. ET on the same day until 7:30 p.m. ET on November 3, 2021.
CONMED Corporation (NYSE: CNMD) announced that Curt R. Hartman, Chair and CEO, along with CFO Todd W. Garner, will participate in a virtual fireside chat at the 19th Annual Morgan Stanley Global Healthcare Conference on September 14, 2021, at 5:00 p.m. ET.
The session will be available for live viewing on the Company’s website, www.conmed.com, and can be replayed later.
CONMED specializes in surgical devices for minimally invasive procedures across various medical fields.
CONMED Corporation (NYSE: CNMD) has declared a quarterly cash dividend of $0.20 per share, payable on October 5, 2021, to shareholders of record as of September 15, 2021. This decision reflects the company’s commitment to returning value to shareholders amidst ongoing challenges, including those presented by the COVID-19 pandemic. CONMED specializes in medical technology, offering surgical devices for minimally invasive procedures across various medical fields.
CONMED Corporation (NYSE: CNMD) reported a strong financial performance for Q2 2021, with sales reaching $255.2 million, a 61.7% increase year over year. Domestic revenue surged 64.2%, while international sales climbed 58.6%. Diluted EPS was $0.41, up from a loss of $0.96 in Q2 2020. The company raised its full-year revenue guidance to between $1.015 billion and $1.035 billion and adjusted EPS guidance to $3.15 to $3.25, reflecting confidence in ongoing operational improvements and market recovery.
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