GMED Q1 2023 Earnings — Globus Medical, Inc. Revenue & Financial Results | Market Cap Arena

GMEDGlobus Medical, Inc.

$12B

Q1 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$277M+20.0% YoY

Gross Profit

$206M74.4% margin

Operating Income

$56M20.4% margin

Net Income

$49M17.8% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$37M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$235M

Stockholders' Equity

$1.9B

Cash & Equivalents

$218M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$277M	$231M	+20.0%
Gross Profit	$206M	$171M	+20.1%
Operating Income	$56M	$46M	+21.4%
Net Income	$49M	$38M	+29.0%

Revenue Segments

Spine

$252M91%

Emerging Technology

$25M9%

Geographic Segments

UNITED STATES

$234M85%

Non Us

$43M15%