CONMED Corp 1Q 2026: Revenue $317M, EPS $0.45— 10-Q Summary

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2026.04.30 14:01
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CONMED Corp reported Q1 2026 revenue of $317M, a slight decrease from $321.3M in Q1 2025. Net income rose to $13.8M, up 129% year-over-year, with diluted EPS increasing to $0.45, a 137% rise. Orthopedic sales grew 6.8%, offsetting declines from the exit of gastroenterology product lines. Recurring single-use products accounted for 85% of revenue, contributing to improved gross margins, which expanded by 260 basis points. The company continues to optimize its supply chain following the strategic exit from gastroenterology.