CONMED Corporation Announces Third Quarter 2008 Financial Results.
Business Wire › October 23, 2008
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CONMED Corporation Announces Third Quarter 2008 Financial Results.
* EPS Grows 24.1%
* Sales Increase 9.1% * Cash Flow Remains Strong * Company Increases 2008 EPS Guidance and Establishes 2009 Sales and EPS Guidance * Conference Call to be Held at 10:00 a.m. ET Today UTICA, N.Y. -- CONMED Corporation (Nasdaq: CNMD) today announced that sales in the quarter ended September 30, 2008 grew to $179.4 million, an increase of 9.1% compared to the same quarter in 2007. These sales drove a 24.1% increase in GAAP earnings per share to $0.36 when compared to GAAP EPS in the third quarter 2007. On a non-GAAP basis, diluted earnings per share were $0.37, a 27.6% increase over EPS in the September quarter of 2007. As discussed below under "Use of Non-GAAP Financial Measures," the Company presents various non-GAAP financial measures in this release. Investors should consider non-GAAP measures i...See the full content of this document
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