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About Globus Medical Inc

Based in Audubon, Pennsylvania, Globus Medical, Inc. was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders.
CEO
David Demski
Employees
2200
Headquarters

2560 General Armistead Ave
Audubon, Pennsylvania 19403-5214
Phone: 16109301800
www.globusmedical.com

News

Globus Medical director sells shares worth $1.3 million
May 10, 2024 20:51pm

https://www.investing.com/news/company-news/globus-medical-director-sells-shares-worth-13-million-93CH-3435434


Source:Investing.com
Globus Medical Shares Race Higher After Better-Than-Expected Q1 Results
May 08, 2024 18:31pm

Globus Medical, Inc. (NYSE: GMED ) shares are trading higher Wednesday after the company posted better-than-expected first-quarter financial results and raised its fiscal year 2024 guidance. The Details: Globus Medical reported quarterly earnings of 72 cents per share which beat the analyst consensus estimate of 57 cents by 26.32% and represents a 35.85% increase over earnings from the same period last year. Quarterly sales came in at $606.67 million which beat the analyst consensus estimate by 3.33% and is a 119.26% increase in sales year-over-year. “Since the NuVasive merger closed in September of last year, we worked aggressively to execute our integration … Full story available on Benzinga.com


Source:Benzinga
Why Upstart Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Wednesday''s Mid-Day Session
May 08, 2024 17:38pm

Shares of Upstart Holdings, Inc . (NASDAQ: UPST ) fell sharply during Wednesday''s session after the company reported first-quarter financial results and issued second-quarter revenue guidance below estimates . Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of $124.867 million, according to Benzinga Pro . Upstart expects second-quarter revenue of approximately $125 million versus estimates of $140.83 million. The company anticipates a second-quarter adjusted EBITDA loss of approximately $25 million. Upstart shares dipped 10.3% to $21.96 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Reborn Coffee, Inc . (NASDAQ: REBN ) shares jumped 132.9% to $4.0297 after the company announced a significant expansion into the China market through a strategic Master License Agreement with IAID Co. iSun, Inc . (NASDAQ: ISUN ) gained 49% to $0.1966. NewGenIvf Group Limited (NASDAQ: NIVF ) jumped 36.4% to $1.48. Tivic Health Systems, Inc . (NASDAQ: TIVC ) rose 34% to $1.4099.


Source:Benzinga
Globus Medical stock price target increased on Q1 results
May 08, 2024 17:07pm

https://www.investing.com/news/company-news/globus-medical-stock-price-target-increased--on-q1-results-93CH-3429351


Source:Investing.com
What''s Driving Globus Medical Inc''s Surprising 20% Stock Rally?
May 08, 2024 16:17pm

What''s Driving Globus Medical Inc''s Surprising 20% Stock Rally?


Source:GuruFocus
Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday
May 08, 2024 15:11pm

U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday. Shares of Louisiana-Pacific Corporation (NYSE: LPX ) rose sharply during Wednesday''s session following better-than-expected first-quarter financial results . LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million. Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday. Here are some other big stocks recording gains in today''s session. Cricut, Inc . (NASDAQ: CRCT ) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results. MaxCyte, Inc. (NASDAQ: MXCT ) jumped 27.6% to $5.01 following upbeat quarterly results. Ameresco, Inc . (NASDAQ: AMRC ) climbed 27.6% to $28.47 following strong quarterly results. Elanco Animal Health Incorporated (NYSE: ELAN ) gained 26.5% to $17.11 following strong quarterly earnings. American Public Education, Inc . (NASDAQ: APEI ) gained 23.3% to $18.71 following upbeat quarterly results.


Source:Benzinga
Globus Medical (GMED) Q1 2024 Earnings Call Transcript
May 08, 2024 04:45am

GMED earnings call for the period ending March 31, 2024.


Source:The Motley Fool
Globus Medical, Inc. (GMED) Q1 2024 Earnings Call Transcript
May 08, 2024 03:24am

No summary available.


Source:Seeking Alpha
GMED Stock Earnings: Globus Medical Beats EPS, Beats Revenue for Q1 2024
May 08, 2024 00:54am

Globus Medical (NYSE: GMED ) just reported results for the first quarter of 2024. Globus Medical reported earnings per share of 72 cents. This was above the analyst estimate for EPS of 57 cents. The company reported revenue of $606.67 million. This was 3.33% better than the analyst estimate for revenue of $587.14 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. Legendary Investor Predicts: “Forget A.I.


Source:InvestorPlace
Globus Medical up 11% on guidance boost, Q1 results
May 07, 2024 21:59pm

No summary available.


Source:Seeking Alpha