earnings
confidence high
sentiment positive
materiality 0.65
Globus Medical Q2 net sales $263.6M (+5% YoY); GAAP EPS $0.53, non-GAAP $0.56; Enabling Tech +41.7%
GLOBUS MEDICAL INC
2022-Q2 EPS reported
$0.90
revenue$494,197,000
- Net sales $263.6M, +5.0% as-reported and +6.5% constant currency vs Q2 2021.
- GAAP net income $54.6M (+31.4% YoY); diluted EPS $0.53 vs $0.40.
- Non-GAAP diluted EPS $0.56; adjusted EBITDA $91.9M (34.9% of sales).
- Enabling Technologies sales $29.4M (+41.7%) driven by robotics and Excelsius 3D.
- Reaffirmed FY2022 guidance: net sales $1.025B, non-GAAP diluted EPS $2.10.