ConMed Announces First Quarter 2016 Financial Results

UTICA, N.Y.--(BUSINESS WIRE)--CONMED Corporation (Nasdaq:CNMD) today announced financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Highlights

• Sales were $181.2 million, an increase of 1.8% compared to the first quarter of 2015. On a constant currency basis, sales increased 5.0% over the prior-year period.

• GAAP gross margin expanded 200 basis points year over year to 53.9%.

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