Globus Medical, Inc. logo

GMED

Globus Medical, Inc.

$53.37

Earnings Summary

Revenue
$230.55Mn
Net Profits
$38.08Mn
Net Profit Margins
16.52%

Highlights

Revenue:

Globus Medical, Inc.’s revenue jumped 1.41% since last year same period to $230.55Mn in the Q1 2022. On a quarterly growth basis, Globus Medical, Inc. has generated -7.79% fall in its revenue since last 3-months.

Net Profits:

Globus Medical, Inc.’s net profit fell -15.98% since last year same period to $38.08Mn in the Q1 2022. On a quarterly growth basis, Globus Medical, Inc. has generated 152.11% jump in its net profits since last 3-months.

Net Profit Margins:

Globus Medical, Inc.’s net profit margin fell -17.15% since last year same period to 16.52% in the Q1 2022. On a quarterly growth basis, Globus Medical, Inc. has generated 173.4% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globus Medical, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.56
EPS Estimate Current Year
0.56

Highlights

EPS Estimate Current Quarter:

Globus Medical, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.56 - a 7.69% jump from last quarter’s estimates.

EPS Estimate Current Year:

Globus Medical, Inc.’s earning per share (EPS) estimates for the current year stand at 0.56.

Key Ratios

Key ratios of the Globus Medical, Inc. post its Q4 2022 earnings

Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.11

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Globus Medical, Inc.’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Globus Medical, Inc.’s return on equity (ROE) stands at 0.11.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2019-11-06
0.42
0.43
2.38%
2019-08-01
0.41
0.41
0%
2020-02-20
0.52
0.49
-5.77%
2019-05-02
0.41
0.36
-12.2%

Company Information

Based in Audubon, Pennsylvania, Globus Medical, Inc. was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders.

Organisation
Globus Medical, Inc.
Headquarters
2560 General Armistead Avenue, Audubon, PA, United States, 19403
Employees
2600
Industry
Health Technology
CEO
David Demski