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

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

Globus Medical Reports First Quarter 2020 Results

May 7, 2020 4:16 PM EDT

AUDUBON, Pa., May 07, 2020 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the first quarter ended March 31, 2020.

Worldwide sales were $190.6 million, an increase of 4.2% as reported First quarter net income was $25.9 million Diluted earnings per share (EPS) was $0.25 and non-GAAP diluted EPS was $0.29 Non-GAAP adjusted... More