Globus Medical (GMED) Tops Q3 EPS by 18c

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Go back to Globus Medical (GMED) Tops Q3 EPS by 18c

Globus Medical Reports Third Quarter 2024 Results

November 5, 2024 4:15 PM EST

AUDUBON, Pa., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended September 30, 2024.

Worldwide net sales were $625.7 million, an increase of 63.1%GAAP net income for the quarter was $51.8 millionGAAP diluted earnings per share (EPS) was $0.38 and non-GAAP diluted EPS was $0.83Non-GAAP adjusted EBITDA was $193.7 million, or 31.0% of net sales

Our third quarter... More