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Orthopaedic Industry News & Orthopaedic Company News | Orthogate Professionals

Details
By mwood@beckershealthcare.com (Megan Wood)
mwood@beckershealthcare.com (Megan Wood)
Industry News
08 November 2016

Globus Medical reports Q3 revenue of $135.7M — 5 highlights

Here are five report highlights:

1. Globus saw $0.29 earnings per share in Q3, surpassing Thomson Reuters' consensus estimate of $0.28.

2. The company saw revenue of $135.7 million in Q3 2016, under analyst estimates of $139.25 million.

3. Q3 revenue decreased 1 percent compared to the same period in 2015.

4. Globus reported a net margin of 21.19 percent as well as a return on equity of 15.43 percent.

5. The company updated its fiscal year 2016 guidance to $1.20 EPS.

Visit Original Source

Last Updated: 08 November 2016
Previous article: Watchdog told Medicare and Medicaid EpiPen was improperly classified in 2009: 4 things to know Prev Next article: University of Iowa Hospitals and Clinics joins InVivo Therapeutics' INSPIRE Study: 5 highlights Next
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