ConforMIS Reports 4Q18 Revenue of $22MM, +6.3% vs. 4Q17

ConforMIS reported 4Q18 revenue of USD $22MM, +6.3% vs 4Q17, with 2018 full year revenue of $89.8MM, +14.9% vs. 2017. Accounting for the one-time $10.5MM royalty settlement with Smith & Nephew in 3Q, product revenue grew 1.5% for the year. The company reaffirmed its previously provided 2019 guidance of 4% product revenue growth.

Sales...

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ME

Mike Evers Mike Evers is an analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.



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