Globus Medical (GMED) Reports Preliminary Sales Above Consensus

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Go back to Globus Medical (GMED) Reports Preliminary Sales Above Consensus

Globus Medical Reports Preliminary Record Fourth Quarter and Full Year Sales Results

January 8, 2025 4:30 PM EST

AUDUBON, Pa., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced preliminary unaudited sales results for the fourth quarter and full year ending December 31, 2024. The company anticipates fourth quarter 2024 sales of approximately $657.0 million, an increase of 6.6 percent over the fourth quarter 2023 on an as-reported basis. Full year 2024 sales are expected to be approximately $2.52 billion, an increase of 60.6 percent over the prior year on an as-reported basis.

2024 was an exceptional year of execution and achievement for Globus Medical. With the NuVasive merger, we believe we... More