| | Business Summary | | Conmed
Corporation
is
a
developer,
manufacturer
and
supplier
of
a
broad
range
of
medical
instruments
and
systems
used
in
surgical
and
other
medical
procedures.
The
Company's
surgery
products
include
arthroscopic
surgery
devices
and
products,
electrosurgical
systems,
powered
surgical
instruments,
surgical
suction
instruments
and
imaging
products
used
in
minimally
invasive
surgery.
These
products
are
sold
to
surgeons,
hospitals,
outpatient
surgery
centers
and
physician
offices
primarily
in
the
United
States.
Surgical
products
represented
85%
of
1998
sales.
The
Company
also
manufactures
a
variety
of
patient
care
products
for
use
in
monitoring
cardiac
rhythms,
wound
care
management
and
IV
therapy.
These
products
include
ECG
electrodes
and
cables,
wound
dressings
and
catheter
stabilization
dressings
and
are
sold
to
hospitals,
outpatient
surgery
centers
and
physician
offices
primarily
in
the
United
States. | | Financial Summary | | CONMED
Corp.
develops,
manufactures,
and
supplies
a
broadrange
of
medical
instruments
and
systems
used
in
orthopaedics,
general
surgery
and
other
medical
procedures.
For
the
nine
months
ended
9/30/99,
revenues
rose
11%
to
$273.1
million.
Net
income
before
extraordinary
item
rose
44%
to
$18.6
million.
Results
benefitted
from
increased
sales
volume,
primarily
of
orthopaedic
products,
due
to
the
Powered
Instrument
and
Arthroscopy
Acquisition's
and
increased
demand
for
product. | | | | FY1998
Compensation | | Pay | Exer | |
| Eugene Corasanti, 68
Chairman
and CEO | $570K | -- | Joseph Corasanti, 35
Pres,
COO | 155K | $298K | Robert Shallish, Jr., 50
VP
of Fin., CFO, Assistant Sec. | 182K | 14K | Robert Remmell, 68
Assistant
Sec. | -- | -- | William Abraham, 67
Sr.
VP | 202K | -- | | Dollar amounts are as of 31-Dec-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
|
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![[New!]](/old?u=http%3A%2F%2Fus.yimg.com%2Fi%2Fnew2.gif&y=1999){kind=small}
![[one-year price graph]](/old?u=http%3A%2F%2Fchart.yahoo.com%2Fc%2Fbb%2Fc%2Fcnmd.gif&y=1999)