Globus Medical Reports Q1 2025: Net Sales Down 1.4%, GAAP Net Income Rises to $75.5M, EPS at $0.54
I'm PortAI, I can summarize articles.
Globus Medical reported Q1 2025 financial results with net sales of $598.1 million, down 1.4% year-over-year. GAAP net income rose to $75.5 million, with EPS at $0.54, recovering from a loss of $0.05 in Q1 2024. U.S. sales increased slightly by 0.2%, while international sales fell by 7.7%. The company reaffirmed its 2025 revenue guidance of $2.80 to $2.90 billion and updated non-GAAP EPS guidance to $3.00 to $3.30. The results were impacted by fewer enabling technology sales and supply chain disruptions, but offset by strong U.S. spine performance.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments