Globus Medical (GMED) Tops Q4 EPS by 2c

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Globus Medical Reports Fourth Quarter and Full Year 2021 Results

February 17, 2022 4:20 PM EST

AUDUBON, Pa., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the fourth quarter and year ended December 31, 2021.

Fourth Quarter 2021:

Worldwide net sales were $250.0 million, an increase of 7.1% as compared to the fourth quarter of 2020GAAP net income for the quarter was $15.1 millionGAAP diluted earnings per share (EPS) was $0.14 and non-GAAP diluted EPS was $0.49Non-GAAP adjusted EBITDA was $85.2 million, or 34.1% of net... More