Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 11311 Concept Boulevard LARGO FL 33773 |
Tel: | 1-727-2142975 |
Website: | https://www.conmed.com |
IR: | See website |
Key People | ||
Curt R. Hartman Chairman of the Board, President, Chief Executive Officer | Johonna Marie Pelletier Treasurer and Vice President - Tax | Todd W. Garner Chief Financial Officer, Executive Vice President - Finance |
Patrick J. Beyer Chief Operating Officer | Heather L. Cohen Executive Vice President, Chief Human Resource and Legal Officer | Shanna Cotti-osmanski Executive Vice President, Information Technology and Chief Information Officer |
John Ferrell Executive Vice President, Human Resources | Peter K. Shagory Executive Vice President - Strategy and Corporate Development | Stanley W. Peters Vice President and General Manager - U.S. Advanced Surgical | Terence M. Berge Vice President and Corporate Controller |
Business Overview |
CONMED Corporation is a medical technology company, which provides surgical devices and equipment for minimally invasive procedures. Its products are used by surgeons and other healthcare professionals in a variety of specialties including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. Its product lines consist of orthopedic surgery and general surgery. Orthopedic surgery consists of sports medicine and lower extremities instrumentation and implants, small bone, large bone, and specialty powered surgical instruments as well as imaging systems for use in minimally invasive surgery procedures and fees related to the sales representation, promotion, and marketing of sports medicine allograft tissue. General surgery consists of endo-mechanical instrumentation for minimally invasive laparoscopic and gastrointestinal procedures, smoke evacuation devices, a line of cardiac monitoring products as well as electrosurgical generators and related instruments. |
Financial Overview |
For the three months ended 31 March 2024, Conmed Corp revenues increased 6% to $312.3M. Net income increased from $1.8M to $19.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Selling and administrative expense decrease of 7% to $112.8M (expense), Interest expense decrease of 6% to $9.6M (expense). Dividend per share remained flat at $0.20. |
Employees: | 4,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $1,262M as of Mar 31, 2024 |
EBITDA (TTM): | $219.18M as of Mar 31, 2024 |
Net annual income (TTM): | $82.35M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 30,791,166 as of Mar 26, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |