Conmed Corp. Q4 Income Declines 2%

(RTTNews) - Conmed Corp. (CNMD) released a profit for fourth quarter that decreased from last year.

The company said its earnings declined to $14.46 million, or $0.52 per share. This was lower than $14.73 million, or $0.53 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.51 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.0% to $191.02 million. This was down from $195.00 million last year.

Conmed Corp. earnings at a glance:

-Earnings (Q4): $14.46 Mln. vs. $14.73 Mln. last year. -Earnings Decline (Y-o-Y): -1.8% -EPS (Q4): $0.52 vs. $0.53 last year. -EPS Decline (Y-o-Y): -1.9% -Analysts Estimate: $0.51 -Revenue (Q4): $191.02 Mln vs. $195.00 Mln last year. -Revenue Change (Y-o-Y): -2.0%

-Guidance: Full year EPS guidance: $1.85 - $1.95 Full year revenue guidance: $760 - $770 Mln