GMED Q3 2023 Earnings — Globus Medical, Inc. Revenue & Financial Results | Market Cap Arena

GMEDGlobus Medical, Inc.

$12B

Q3 2023 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$384M+51.0% YoY

Gross Profit

$248M64.7% margin

Operating Income

$404,0000.1% margin

Net Income

$998,0000.3% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+31.6%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

$29M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$1.2B

Stockholders' Equity

$4.2B

Cash & Equivalents

$280M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$384M	$254M	+51.0%
Gross Profit	$248M	$189M	+31.6%
Operating Income	$404,000	$60M	-99.3%
Net Income	$998,000	$47M	-97.9%

Revenue Segments

Spine

$347M93%

Emerging Technology

$28M7%

Geographic Segments

UNITED STATES

$309M81%

Non Us

$74M19%