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Conformis Inc (CFMS.OQ)

CFMS.OQ on NASDAQ Stock Exchange Global Select Market

0.58USD
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Conformis Posts Q4 Revenue Of $89.8 Million
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Conformis Inc ::CONFORMIS REPORTS PRELIMINARY FOURTH QUARTER AND YEAR-END 2018 REVENUE RESULTS.Q4 REVENUE $89.8 MILLION.Q4 REVENUE ESTIMATE $20.7 MILLION -- REFINITIV IBES DATA.  Full Article

Conformis Announces Stock Purchase Agreement With Lincoln Park Capital Fund
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Conformis Inc ::CONFORMIS ANNOUNCES COMMON STOCK PURCHASE AGREEMENT WITH INSTITUTIONAL INVESTOR, LINCOLN PARK CAPITAL FUND.COMPANY SOLD $1 MILLION WORTH OF ITS COMMON STOCK TO LPC AT $0.52 PER SHARE.HAS RIGHT AT ITS SOLE DISCRETION TO SELL TO LPC UP TO $20.0 MILLION WORTH OF SHARES OVER A 36-MONTH PERIOD.WILL CONTROL TIMING OF ANY SALES TO LPC AND LPC WILL BE OBLIGATED TO MAKE PURCHASES OF CONFORMIS COMMON STOCK.NO UPPER LIMITS TO PRICE PER SHARE LPC MAY PAY TO PURCHASE UP TO $20.0 MILLION WORTH OF COMMON STOCK.CONFORMIS HAS ISSUED 354,430 SHARES TO LPC.  Full Article

Conformis Announces Strategic Actions To Reach Profitability And Reduce Debt
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Conformis Inc ::CONFORMIS - BELIEVES STRATEGIC ACTIONS WILL ENABLE IT TO ACHIEVE PROFITABILITY IN 2021 .CONFORMIS ANNOUNCES STRATEGIC ACTIONS TO REACH PROFITABILITY AND REDUCE DEBT.CONFORMIS - TO STREAMLINE PERSONNEL TO CREATE A MORE FOCUSED ORGANIZATION, RESULTING IN A HEADCOUNT REDUCTION OF APPROXIMATELY 10% OF TOTAL WORKFORCE.CONFORMIS INC - EXPECTS TO INCUR EMPLOYEE SEVERANCE CHARGES AND OTHER EXIT COSTS OF APPROXIMATELY $700,000 IN Q4.CONFORMIS INC - EXPECTS TO GENERATE ANNUAL PERSONNEL EXPENSE SAVINGS IN EXCESS OF $4 MILLION IN 2019.CONFORMIS INC - ANNOUNCED REDUCTION OF ITS DEBT FACILITY FROM $30 MILLION TO $15 MILLION RELATED TO COST-SAVING MEASURES.CONFORMIS INC - SEES FY19 CAPITAL EXPENDITURE OF ABOUT $3.5 MILLION.  Full Article

Conformis Announces Strategic Actions To Reach Profitability And Cut Debt
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Conformis Inc ::CONFORMIS ANNOUNCES STRATEGIC ACTIONS TO REACH PROFITABILITY AND REDUCE DEBT.CONFORMIS - TO STREAMLINE PERSONNEL TO CREATE A MORE FOCUSED ORGANIZATION, RESULTING IN A HEADCOUNT REDUCTION OF APPROXIMATELY 10% OF TOTAL WORKFORCE.CONFORMIS INC - BELIEVES WILL ENABLE IT TO ACHIEVE PROFITABILITY IN 2021.CONFORMIS INC - EXPECTS TO INCUR EMPLOYEE SEVERANCE CHARGES AND OTHER EXIT COSTS OF APPROXIMATELY $700,000 IN Q4.CONFORMIS INC - EXPECTS TO GENERATE ANNUAL PERSONNEL EXPENSE SAVINGS IN EXCESS OF $4 MILLION IN 2019.CONFORMIS INC - ANNOUNCED REDUCTION OF ITS DEBT FACILITY FROM $30 MILLION TO $15 MILLION RELATED TO COST-SAVING MEASURES.CONFORMIS INC - SEES FY19 CAPITAL EXPENDITURE OF ABOUT $3.5 MILLION.  Full Article

ConforMIS Q2 Loss Per Share $0.24
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - ConforMIS Inc ::CONFORMIS REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 LOSS PER SHARE $0.24.Q2 REVENUE $19.1 MILLION VERSUS I/B/E/S VIEW $19.3 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.21 -- THOMSON REUTERS I/B/E/S.  Full Article

ConforMIS Sees FY 2018 Revenue $79.6 Mln To $83.6 Mln
Monday, 8 Jan 2018 

Jan 8 (Reuters) - ConforMIS Inc ::SEES ‍Q4 TOTAL REVENUE OF ABOUT $20.8 MILLION, DOWN 4% YEAR-OVER-YEAR ON A REPORTED BASIS​.CONFORMIS REPORTS PRELIMINARY FOURTH QUARTER AND YEAR-END 2017 REVENUE RESULTS; PROVIDES 2018 FINANCIAL GUIDANCE.SEES FY 2018 REVENUE $79.6 MILLION TO $83.6 MILLION.SEES 2017 TOTAL REVENUE OF APPROXIMATELY $78.1 MILLION, DOWN 2% YEAR-OVER-YEAR.FY2017 REVENUE VIEW $77.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $84.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Conformis Q3 loss per share $0.29
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Conformis Inc ::Conformis reports third quarter 2017 financial results.Q3 loss per share $0.29.Q3 revenue $18.4 million versus I/B/E/S view $17.6 million.Q3 earnings per share view $-0.31 -- Thomson Reuters I/B/E/S.  Full Article

Conformis reports Q4 loss per share $0.37
Wednesday, 15 Feb 2017 

Conformis Inc : Conformis reports fourth quarter and the year ended 2016 financial results; provides 2017 financial guidance . Q4 loss per share $0.37 . Sees FY 2017 revenue $80 million to $84 million . Q4 earnings per share view $-0.30 -- Thomson Reuters I/B/E/S . Sees quarterly revenue $17.7 million to $18.7 million . Q4 revenue $21.7 million versus I/B/E/S view $21.6 million . For full year 2017, company expects total gross margin in a range of 36 pct to 38 pct .Impacting 2017 product revenue growth is a change in reimbursement of partial knee replacement procedures in germany.  Full Article