GMED Q1 2024 Earnings — Globus Medical, Inc. Revenue & Financial Results | Market Cap Arena

GMEDGlobus Medical, Inc.

$12B

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$607M+119.3% YoY

Gross Profit

$365M60.2% margin

Operating Income

$8M1.3% margin

Net Income

-$7M-1.2% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$24M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$1.0B

Stockholders' Equity

$3.9B

Cash & Equivalents

$354M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$607M	$277M	+119.3%
Gross Profit	$365M	$206M	+77.4%
Operating Income	$8M	$56M	-85.8%
Net Income	-$7M	$49M	-114.5%

Revenue Segments

Spine

$575M95%

Emerging Technology

$32M5%

Geographic Segments

UNITED STATES

$483M80%

Non Us

$124M20%