CONMED Corporation: Organic Growth Is Masked By Divestitures
CONMED reported flat headline growth of $343 million in the latest quarter, but organic growth actually increased by 6%, driven by its orthopedic surgery business. The apparent weak growth reflects the divestiture of the GI business, which the article notes masks underlying performance.
Why it matters — CNMD watchers would care because the article highlights that headline growth appears flat only due to the GI divestiture, while underlying organic growth and profitability remain stronger than the headline metrics suggest.