CONMED Corp
For the period ended Sep 30, 2024. Filed Oct 31, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 31, 2024
CNMD$51.50-2.5%Stored close · as of Nov 6, 2026
Contents
Item 1. Financial Statements (unaudited)
Item 1.
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $316,701 | $304,578 | $961,071 | $917,699 |
| Cost of sales | 137,706 | 136,519 | 426,383 | 423,629 |
| Gross profit | 178,995 | 168,059 | 534,688 | 494,070 |
| Selling and administrative expense | 99,730 | 125,295 | 345,611 | 385,080 |
| Research and development expense | 13,558 | 12,464 | 41,250 | 38,574 |
| Operating expenses | 113,288 | 137,759 | 386,861 | 423,654 |
| Income from operations | 65,707 | 30,300 | 147,827 | 70,416 |
| Interest expense | 9,252 | 10,019 | 28,440 | 30,271 |
| Income before income taxes | 56,455 | 20,281 | 119,387 | 40,145 |
| Provision for income taxes | 7,471 | 4,444 | 20,719 | 8,757 |
| Net income | $48,984 | $15,837 | $98,668 | $31,388 |
| Comprehensive income | $48,701 | $14,825 | $94,121 | $35,287 |
| Per share data: | ||||
| Net income | ||||
| Basic | $1.59 | $0.52 | $3.20 | $1.02 |
| Diluted | 1.57 | 0.50 | 3.17 | 0.99 |
| Weighted average common shares | ||||
| Basic | 30,856 | 30,741 | 30,815 | 30,638 |
| Diluted | 31,112 | 31,689 | 31,148 | 31,563 |
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