Sales fell 0.7%, but grew 6.7% after currency shifts and exited product lines were excluded.
CONMED reported Q3 2026 sales down 0.7% YoY but up 6.7% excluding currency shifts and exited product lines. Domestic sales fell 11.0% as reported but rose 0.8% organically. International sales increased 13.1% as reported. GAAP EPS rose 613.7% to $1.72, while adjusted EPS dropped 3.2% to $3.10. The company updated its full-year guidance, reflecting strong Q3 performance and market focus on key product platforms.
How this was made
The 30-second read
Why it matters
The mixed earnings picture may cause short‑term price pressure, but long‑term growth themes remain intact.
Market read
First‑time disclosure of Q3 results and guidance for a mid‑cap med‑tech firm; relevant for traders focused on healthcare equipment equities.
What to watch
Excluding GI product exits, the underlying business shows strong momentum; the guidance bump may be understated.
Background
CONMED released its Q3 2026 results, highlighting a 0.7% YoY sales decline but 6.7% organic growth after strategic exits, and provided updated full‑year guidance.
Ticker impact
Q3 2026 sales fell 0.7% YoY but net sales rose 6.7% organic after GI product exits; company updated full‑year 2026 guidance.
likely slight downside as market prices in the sales dip, offset by organic growth narrative
The earnings release presents new numbers and guidance; investors will weigh the mixed sales picture against growth drivers.
Market effects
Healthcare equipment sector sees mixed signals from CONMED's organic growth versus headline sales decline.
U.S. med‑tech stocks may experience modest volatility following the report.
Limited; impact confined to U.S. and international investors tracking med‑tech earnings.
Counterpoint
The organic growth and new product launches could outweigh the headline sales dip, offering a buying opportunity.
Key entities
- ExecutivePatrick J. Beyer
President and CEO of CONMED, provided commentary on results.



