Globus Medical Reports Second Quarter 2018 Results

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Globus Medical (GMED) PT Raised to $65 at Needham & Company

August 2, 2018 8:15 AM EDT

Needham & Company raised its price target on Globus Medical (NYSE: GMED) to $65.00 (from $58.00) while maintaining a Buy rating following 2Q earnings report. Revenue was $173M vs. consensus of $168M and non-GAAP EPS was $0.44 vs. consensus of $0.35.

For 2018, GMED raised its revenue... More

Globus Medical (GMED) Tops Q2 EPS by 9c

August 1, 2018 4:59 PM EDT

Globus Medical (NYSE: GMED) reported Q2 EPS of $0.44, $0.09 better than the analyst estimate of $0.35. Revenue for the quarter came in at $173.4 million versus the consensus estimate of $168.03 million.

GUIDANCE:

Globus Medical sees FY2018 EPS of $1.55, versus the consensus of $1.52. Globus... More