Benzinga | Aug 4, 2021 05:33PM EDT

Globus Medical Q2 Adj. EPS $0.56 Beats $0.44 Estimate, Sales $251.02M Beat $224.64M Estimate

Globus Medical (NYSE:GMED) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.44 by 27.27 percent. This is a 700 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $251.02 million which beat the analyst consensus estimate of $224.64 million by 11.74 percent. This is a 68.56 percent increase over sales of $148.92 million the same period last year.