Oppenheimer reiterated coverage on Conformis with a new price target
$CFMS
Industrial Specialties
Health Care
Oppenheimer reiterated coverage of Conformis with a rating of Outperform and set a new price target of $2.00 from $2.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/4/2021 | $2.50 → $2.00 | Outperform | Oppenheimer |
| 9/22/2021 | $3.00 → $2.50 | Outperform | Oppenheimer |
BILLERICA, Mass., May 08, 2023 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), an orthopedic medical device company that features personalized knee and hip replacement products, announced today financial results for the first quarter ended March 31, 2023. First Quarter 2023 Summary Total revenue of $12.8 million, a decrease of 17% year-over-year on a reported and constant currency basis.Product revenue of $12.7 million, a decrease of 15% year-over-year on a reported basis and 14% on a constant currency basis.Conformis hip system revenue of $0.8 million, an increase of 3% year-over-year.Cash and cash equivalents of $37.8 million as of March 31, 2023. Three months ended March 31,
BILLERICA, Mass., April 13, 2023 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), a leading medical device company that features personalized knee and hip replacement products, announced today it will release its financial results for the first quarter ended March 31, 2023, before the market opens on Monday, May 8, 2023. Mark Augusti, CEO, and Bob Howe, CFO, will host a webcast and conference call at 8:30 a.m. Eastern Time to discuss the financial results and provide a business update. Earnings Call and Webcast Details: The webcast of the earnings call will be live at: Link Directly to Webcast To attend by telephone, please use the information below for dial-in access. Date and Time
BILLERICA, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS) an orthopedic medical device company that features personalized knee and hip replacement products, announced today financial results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 Summary Total revenue of $17.4 million, an increase of 13% year-over-year on a reported basis and 14% on a constant currency basis.Product revenue of $14.2 million, a decrease of 7% year-over-year on a reported basis and 6% on a constant currency basis.Hip system revenue of $0.6 million, a decrease of 15% year-over-year.Cash and cash equivalents of $48.7 million as of December 31, 2022.First procedur
15-12G - Conformis Inc (0001305773) (Filer)
S-8 POS - Conformis Inc (0001305773) (Filer)
S-8 POS - Conformis Inc (0001305773) (Filer)
Oppenheimer reiterated coverage of Conformis with a rating of Outperform and set a new price target of $2.00 from $2.50 previously
Oppenheimer reiterated coverage of Conformis with a rating of Outperform and set a new price target of $2.50 from $3.00 previously
SC 13G/A - Conformis Inc (0001305773) (Subject)
SC 13G/A - Conformis Inc (0001305773) (Subject)
SC 13G/A - Conformis Inc (0001305773) (Subject)
4 - Conformis Inc (0001305773) (Issuer)
4 - Conformis Inc (0001305773) (Issuer)
4 - Conformis Inc (0001305773) (Issuer)
DURHAM, North Carolina and BILLERICA, Mass., Sept. 05, 2023 (GLOBE NEWSWIRE) -- restor3d, Inc. and Conformis, Inc. announced today that restor3d has completed its previously announced acquisition of Conformis following the approval of Conformis' stockholders at a special meeting held on August 31, 2023. In connection with the completion of the acquisition, shares of Conformis' common stock ceased trading on the NASDAQ prior to the opening of the NASDAQ on September 5, 2023. "We are extremely excited to complete this important transaction and look forward to leveraging our combined portfolio to deliver personalized orthopedic solutions for the whole human body," said J. Kurt Jacobus, CEO o
BILLERICA, Mass., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), a leading medical technology company featuring personalized knee and hip replacement products, announced today that leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co., LLC ("Glass Lewis"), have each recommended that Conformis stockholders vote "FOR" the pending merger transaction with restor3d. As previously announced, under the terms of the definitive merger agreement, restor3d will acquire all outstanding shares of common stock of Conformis for $2.27 per share in an all cash transaction. Conformis is pleased that ISS and Glass Lewis share its be
BILLERICA, Mass., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), a leading medical technology company featuring personalized knee and hip replacement products, announced today that leading independent proxy advisory firm, Institutional Shareholder Services Inc. ("ISS"), has recommended that Conformis stockholders vote "FOR" the pending merger transaction with restor3d. As previously announced, under the terms of the definitive merger agreement, restor3d will acquire all outstanding shares of common stock of Conformis for $2.27 per share in an all cash transaction. Conformis is pleased that ISS shares its belief that the proposed merger with restor3d is in the best inte
BILLERICA, Mass., April 01, 2022 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), announced today that Michael Fillion has joined the Company as its Chief Operating Officer. "We are pleased to announce the addition of Michael Fillion as Chief Operating Officer. Mike brings to this role 30 years of experience in manufacturing and operations with a strong focus in precision metal products, medical devices, continuous improvement, and strategic business planning," said Mark Augusti, President and Chief Executive officer. "I look forward to the contributions he will make as a member of the Conformis team." Michael Fillion Prior to joining Conformis, Michael served as the Executive Vice Pr
BILLERICA, Mass., March 14, 2022 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS) announced today that Denise Pedulla has joined the Company as its Chief Legal Officer and Corporate Secretary. "We are pleased to announce the addition of Denise Pedulla as Chief Legal Officer and Corporate Secretary. Her strong public company experience and leadership capabilities will help support our growth strategy and further strengthens our executive team," said Mark Augusti, President and Chief Executive Officer. "I look forward to the contributions she will make as a member of the Conformis team." Denise Pedulla Prior to joining Conformis, Denise served as the General Counsel and Corporate Secreta
BILLERICA, Mass., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS) announced today that the Company has appointed James Paiva as its new Vice President, U.S. Marketing. "Conformis is pleased to welcome James Paiva as the new V.P. of U.S. Marketing. As we continue to advance our growth strategy, we are confident that James' extensive background in new product introductions and multi-channel marketing will help to strengthen Conformis brand recognition and position us to capitalize on anticipated growth in the ambulatory surgery center space," said Mark Augusti, President and Chief Executive Officer. "I look forward to the contributions James will make as a member of Confo
Conformis (NASDAQ:CFMS) reported $13.00 million in sales this quarter. This is a 15.00 percent decrease over sales of $15.29 million the same period last year.
U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping around 200 points on Friday. The Dow traded down 0.58% to 33,748.80 while the NASDAQ fell 0.99% to 13,495.23. The S&P 500, also fell, dropping, 0.73% to 4,349.90. Check This Out: Adobe, Zoom Video And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Health care shares fell by just 0.1% on Friday. In trading on Friday, utilities shares dipped by 1.5%. Top Headline The S&P Global manufacturing PMI dropped to 46.3 in June from 48.4 in May. Equities Trading UP TRxADE HEALTH, Inc. (NASDAQ:MEDS) shares shot up 12% to $8.18. Superlatus, Inc. signed a binding letter of intent to be acquired
Gainers Conformis (NASDAQ:CFMS) shares rose 86.2% to $2.16 during Friday's regular session. Trading volume for this security as of 13:37 EST is 5.0 million, which is 7195.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $16.1 million. SCWorx (NASDAQ:WORX) shares moved upwards by 59.05% to $0.57. As of 13:37 EST, this security is trading at a volume of 60.1 million shares, making up 1862.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $7.4 million. OncoSec Medical (NASDAQ:ONCS) stock rose 30.82% to $0.28. As of 13:37 EST, this security is trading at a volume of 45.0 mill