ConforMIS: 2Q Earnings Snapshot

ConforMIS: 2Q Earnings Snapshot

Associated Press
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BILLERICA, Mass. (AP) _ ConforMIS Inc. (CFMS) on Wednesday reported a loss of $14.1 million in its second quarter.

The Billerica, Massachusetts-based company said it had a loss of 24 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.

The medical technology company posted revenue of $19.1 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $19.5 million.

In the final minutes of trading on Wednesday, the company's shares hit 94 cents. A year ago, they were trading at $4.72.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFMS at https://www.zacks.com/ap/CFMS

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