Globus Medical Inc. (GMED) reported third-quarter net income of $16.5 million or $0.18 per share, compared to $16.9 million or $0.19 per share in the previous year quarter.
Sales for the quarter rose 12.5% to $94.76 million from $84.27 million in the comparable quarter last year.
On average, analysts polled by Thomson Reuters expected the company to earn $0.19 per share on revenues of $95.32 million for the quarter. Analysts' estimates typically exclude special items.
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