Benzinga | May 4, 2021 05:06PM EDT

Globus Medical Q1 EPS $0.44 Beats $0.37 Estimate, Sales $227.34M Beat $198.39M Estimate

Globus Medical (NYSE:GMED) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.37 by 18.92 percent. This is a 51.72 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $227.34 million which beat the analyst consensus estimate of $198.39 million by 14.59 percent. This is a 19.29 percent increase over sales of $190.58 million the same period last year.