Actionable news
0
All posts from Actionable news
Actionable news in CFMS: CONFORMIS Inc COMMON STOCK,

ConforMIS (CFMS) Stock Surges as Q3 Results Beat Expectations

NEW YORK (TheStreet) -- Shares of ConforMIS (CFMS) were soaring 30.78% to $8.88 on heavy trading volume late Friday afternoon after the company reported better-than-anticipated results for the 2016 third quarter.

After yesterday's closing bell, the Bedford, MA-based medical technology company posted a loss of 31 cents per share on revenue of $18.64 million. Revenue rose 34% year-over-year on a reported basis.

Analysts surveyed by FactSet had projected a loss of 36 cents per share on...


More