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Globus Medical Inc (GMED.N)

GMED.N on New York Stock Exchange

43.28USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Globus Medical Expects Q4 Sales Of About $175.5 mln
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Globus Medical Inc ::GLOBUS MEDICAL REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR SALES RESULTS.EXPECTS Q4 SALES OF ABOUT $175.5 MILLION.SEES Q4 2017 SALES ABOUT $175.5 MILLION.SEES FY 2018 FULLY DILUTED NON-GAAP EARNINGS PER SHARE OF $1.50.SEES FY 2018 SALES $690 MILLION.TO REINVEST PORTION OF ANTICIPATED SAVINGS FROM U.S. TAX REFORM BY INCREASING SPENDING ON EMERGING TECHNOLOGIES BY ABOUT $14 MILLION IN 2018.  Full Article

Globus Medical sees Q4 2017 sales about $175.5 million
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Globus Medical Inc ::GLOBUS MEDICAL REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR SALES RESULTS.SEES Q4 2017 SALES ABOUT $175.5 MILLION.SEES FY 2018 FULLY DILUTED NON-GAAP EARNINGS PER SHARE OF $1.50.SEES FY 2018 SALES $690 MILLION.Q4 SALES $175.5 MILLION VERSUS I/B/E/S VIEW $165.4 MILLION.  Full Article

Globus Medical reports Q3 earnings per share $0.26
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Globus Medical Inc :Globus Medical reports third quarter 2017 results.Q3 non-GAAP earnings per share $0.30.Q3 earnings per share $0.26.Q3 sales $151.7 million versus I/B/E/S view $150.6 million.Q3 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.Sees FY 2017 non-GAAP earnings per share $1.27.Sees FY 2017 sales $625 million.Globus Medical Inc - ‍reaffirms guidance for full year 2017 sales of $625 million and non-gaap fully diluted earnings per share of $1.27​.Fy2017 earnings per share view $1.26, revenue view $624.5 million -- Thomson Reuters I/B/E/S.  Full Article

Globus Medical enters agreement with Alphatec and Alphatec Spine
Friday, 2 Sep 2016 

Globus Medical Inc : Says entered into a credit, security and guaranty agreement with Alphatec And Alphatec Spine, Inc. . Says agreement made available to Alphatec borrowers senior secured term loan facility in an amount not to exceed $30 million. .Credit agreement has a scheduled maturity date five years from closing date..  Full Article

Globus Medical to buy Alphatec’s international business for $80 mln in cash
Tuesday, 26 Jul 2016 

Globus Medical Inc : Globus Medical announces the acquisition of Alphatec’s international business .Deal for $80.0 million in cash.  Full Article

Alphatec Holdings announces sale of international business to Globus Medical
Tuesday, 26 Jul 2016 

Alphatec Holdings Inc : Alphatec Holdings announces sale of international business to Globus Medical . As part of transaction, Globus has also agreed to provide Alphatec a five-year senior secured credit facility of up to $30 million . Expects to use portions of cash consideration to pay down approximately $69 million of existing debt and debt-related costs . Globus will acquire Alphatec's international distribution operations and agreements . Alphatec holdings announces sale of international business to Globus Medical .Deal for $80 million.  Full Article

Globus Medical Q2 non-gaap earnings per share $0.29
Tuesday, 26 Jul 2016 

Globus Medical Inc : Preliminarily projects 2017 full year sales of $640M including $40M from acquisition . FY2016 earnings per share view $1.20, revenue view $583.1 million -- Thomson Reuters I/B/E/S . Globus Medical reports second quarter 2016 results . Q2 non-gaap earnings per share $0.29 . Q2 earnings per share $0.27 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Sees FY 2016 sales about $575 million . Q2 revenue $137.5 million versus I/B/E/S view $141.8 million .Sees full year 2016 gaap earnings per share of approximately $1.17.  Full Article

Acacia Research says Bonutti Skeletal Innovations entered into settlement, license agreement with Globus Medical
Friday, 10 Jun 2016 

Acacia Research Corp : Bonutti Skeletal Innovations Llc entered into a settlement and license agreement with Globus Medical Inc - sec filing .Agreement resolves patent litigation pending in united states district court for eastern district of pennsylvania.  Full Article

BRIEF-Globus Medical Expects Q4 Sales Of About $175.5 mln

* GLOBUS MEDICAL REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR SALES RESULTS