Globus Medical Inc. reported net sales of $291,6 million for its second quarter 2023 financial results. This is the company’s highest quarterly revenue, according to a release.
Globus Medical’s net sales increased by 10.6% compared to the previous year. The company also reported net income in accordance with generally accepted accounting practices (GAAP), of $57.7M, and non-GAAP adjusted earnings in excess of $96.1M before interest, tax, depreciation, and amortization.
“Globus achieved a record quarter, delivering our highest quarterly revenue yet of $292 million, an increase of 10.6% over the