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Stock impact report

Globus Medical Inc (GMED) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth ... [Yahoo! Finance]

Globus Medical, Inc. Class A (GMED) 
Last globus medical, inc. class a earnings: 2/20 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.globusmedical.com
Company Research Source: Yahoo! Finance
Free Cash Flow: Record $161.7 million in Q3. Musculoskeletal Revenue: $587.4 million, growing 65% compared to the prior year quarter. Enabling Technologies Revenue: $38.3 million, growing 38.5% versus the prior year quarter. US Revenue: $495.8 million, growing 60.3% as reported. International Revenue: $129.9 million, growing 74.8% as reported. GAAP Gross Profit: 53%, compared to 62.2% in the prior year quarter. Non-GAAP Gross Profit: 66.5%, compared to 69.7% in the prior year quarter. Adjusted EBITDA: 31% for the third quarter. R&D Expenses: $35.4 million or 5.7% of sales. SG&A Expenses: $240.7 million or 38.5% of sales. Net Interest Expense: $0.8 million in the third quarter. GAAP Tax Rate: 9.1% for the third quarter. Operating Cash Flow: $203.7 million in Q3. Capital Expenditures: Approximately 6.7% of sales in Q3. 2024 Net Sales Guidance: $2.49 billion to $2.5 billion. Revised Non-GAAP EPS Guidance: $2.90 to $3 per fully diluted share. Warning! Guru Show less Read more
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