Investing.com - ConforMIS (NASDAQ:CFMS) Inc reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
ConforMIS Inc announced earnings per share of $-0.0800 on revenue of $13.8M. Analysts polled by Investing.com anticipated EPS of $-0.0700 on revenue of $15.82M.
ConforMIS Inc shares are up 17.79% from the beginning of the year, still down 90.58% from its 52 week high of $1.25 set on November 3, 2021.
ConforMIS Inc shares gained 7.90% in after-hours trade following the report.
ConforMIS Inc follows other major Healthcare sector earnings this month
ConforMIS Inc's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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