GMED Q2 2023 Earnings — Globus Medical, Inc. Revenue & Financial Results | Market Cap Arena

GMEDGlobus Medical, Inc.

$12B

Q2 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$292M+10.6% YoY

Gross Profit

$215M73.8% margin

Operating Income

$66M22.7% margin

Net Income

$58M19.8% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$17M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$227M

Stockholders' Equity

$2.0B

Cash & Equivalents

$306M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$264M	+10.6%
Gross Profit	$215M	$195M	+10.2%
Operating Income	$66M	$68M	-2.3%
Net Income	$58M	$55M	+5.7%

Revenue Segments

Spine

$257M88%

Emerging Technology

$35M12%

Geographic Segments

UNITED STATES

$245M84%

Non Us

$46M16%