ConforMIS: 2Q Earnings Snapshot
BILLERICA, Mass. (AP) _ ConforMIS Inc. (CFMS) on Wednesday reported a loss of $6.8 million in its second quarter.
The Billerica, Massachusetts-based company said it had a loss of 11 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 11 cents per share.
The medical technology company posted revenue of $19.6 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.76. A year ago, they were trading at 96 cents.