M&A
confidence high
sentiment neutral
materiality 0.60
Globus Medical files pro forma financials for NuVasive Merger; combined net income $6M for 9 months
GLOBUS MEDICAL INC
- Pro forma net income for nine months ended Sep 30, 2023: $6.0M ($0.04 diluted EPS) vs Globus standalone $107.8M.
- Total purchase price $2.6B; goodwill $924M, intangible assets $1.22B (developed tech, customer relationships).
- Pro forma net income for FY2022: $5.2M ($0.04 diluted EPS) vs Globus standalone $190.2M.
- NuVasive contributed $827M revenue for Jan–Aug 2023; inventory step-up of $284M added to cost of sales.