Globus Medical (GMED) Misses Q1 EPS by 7c, Offers Guidance
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Globus Medical Reports First Quarter 2025 Results
May 8, 2025 4:15 PM EDTAUDUBON, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended March 31, 2025.
Worldwide net sales were $598.1 million, a decrease of 1.4%, or a decrease of 0.8% on a constant currency basisGAAP net income for the quarter was $75.5 millionGAAP diluted earnings per share (EPS) was $0.54 and non-GAAP diluted EPS was $0.68Our first quarter results were impacted by softer Enabling Technology deal closures, temporary integration related supply chain disruption, and timing of international... More
