Globus Medical: Q3 Earnings Insights - Globus Medical (NYSE:GMED)

Globus Medical GMED reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Globus Medical beat estimated earnings by 5.56%, reporting an EPS of $0.57 versus an estimate of $0.54.

Revenue was up $129.49 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 1.87% drop in the share price the next day.

Here's a look at Globus Medical's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.59	0.51	0.56	0.52
EPS Actual	0.63	0.53	0.59	0.50
Revenue Estimate	279.72M	254.90M	276.67M	253.14M
Revenue Actual	291.62M	276.69M	274.50M	254.15M

To track all earnings releases for Globus Medical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.