Globus Medical (GMED) Tops Q2 EPS by 9c

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Go back to Globus Medical (GMED) Tops Q2 EPS by 9c

Globus Medical Reports Second Quarter 2018 Results

August 1, 2018 4:15 PM EDT

AUDUBON, Pa., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the second quarter ended June 30, 2018.

Worldwide sales were $173.4 million, an increase of 13.8% as reportedSecond quarter net income was $45.0 million, an increase of 56.9%Diluted earnings per share (EPS) and non-GAAP EPS were $0.44Non-GAAP EPS increased 38.0% compared to second quarter of 2017Non-GAAP adjusted EBITDA was 34.3% of sales

"The second quarter marks the third consecutive quarter of double-digit organic... More