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After The Bell

Globus Medical Inc. (GMED) Is Down After Q3 Revenues Missed

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Globus Medical Inc. (GMED) reported third quarter non-GAAP EPS of $0.29 after the close Tuesday, with revenues of $135.7 million. The consensus estimates were for EPS of $0.29 and revenues of $139.25 million. Full year non-GAAP EPS is expected to be $1.20. Analysts are also expecting EPS of $1.20. The stock is now down 2.28 on 11K shares.

Globus Medical traded in a range throughout Tuesday's session and closed down by 0.23 at $22.33.

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