Globus Medical Reports First Quarter 2020 Results

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Go back to Globus Medical Reports First Quarter 2020 Results

Globus Medical (GMED) Misses Q1 EPS by 9c; Withdraws Guidance

May 7, 2020 5:18 PM EDT

Globus Medical (NYSE: GMED) reported Q1 EPS of $0.29, $0.09 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $190.6 million versus the consensus estimate of $194.5 million.

The COVID-19 pandemic presents one of the greatest healthcare challenges we have faced in recent history. We remain diligent in our commitment to protect the health of our people, support our surgeons and patients in need, and keep our company strong, said Dave Demski,... More