Globus Medical Reports First Quarter 2018 Results

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Globus Medical (GMED) PT Raised to $58 at Needham & Company

May 3, 2018 6:38 AM EDT

Needham & Company raised its price target on Globus Medical (NYSE: GMED) to $58.00 (from $57.00) while maintaining a Buy rating.

Analyst Mike Matson commented, "GMED's 1Q18 revenue and EPS beat consensus and management raised its 2018 revenue and EPS guidance. The guidance increases were... More

Globus Medical (GMED) Tops Q1 EPS by 5c; Raises Outlook

May 2, 2018 4:26 PM EDT

Globus Medical (NYSE: GMED) reported Q1 EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $174.4 million versus the consensus estimate of $167.89 million.

GUIDANCE:

Globus Medical sees FY2018 EPS of $1.52, versus prior of $1.50 and the... More