Conmed Corp. Profit Declines 15% In Q1

(RTTNews) - Conmed Corp. (CNMD) announced earnings for first quarter that declined from last year.

The company said its earnings totaled $11.62 million, or $0.42 per share. This was down from $13.71 million, or $0.49 per share, in last year's first quarter.

The company said revenue for the quarter rose 1.8% to $181.20 million. This was up from $177.94 million last year.

Conmed Corp. earnings at a glance:

-Earnings (Q1): $11.62 Mln. vs. $13.71 Mln. last year. -Earnings Decline (Y-o-Y): -15.2% -EPS (Q1): $0.42 vs. $0.49 last year. -EPS Decline (Y-o-Y): -14.3% -Revenue (Q1): $181.20 Mln vs. $177.94 Mln last year. -Revenue Change (Y-o-Y): 1.8%

-Guidance: Full year revenue guidance: $768 - $778 Mln