Globus Medical ( (GMED) ) has released its Q2 earnings. Here is a breakdown of the information Globus Medical presented to its investors.
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Globus Medical, Inc. is a prominent player in the musculoskeletal solutions sector, focusing on innovative technologies in spine, orthopedic trauma, joint reconstruction, biomaterials, and enabling technologies. The company recently reported its financial results for the second quarter of 2025, showcasing significant growth and strategic advancements.
In the second quarter of 2025, Globus Medical achieved worldwide net sales of $745.3 million, marking an 18.4% increase compared to the same period in 2024. The company’s U.S. Spine business was a key driver of this growth, with a 5.7% increase in revenue. Additionally, the recent acquisition of Nevro contributed to the company’s robust performance, as Globus Medical continues to integrate and leverage synergies from this acquisition.
Key financial metrics for the quarter include a GAAP net income of $202.8 million, a remarkable 538.7% increase from the previous year, primarily due to a bargain purchase gain and tax benefits. The company’s GAAP diluted earnings per share stood at $1.49, while the non-GAAP diluted EPS was $0.86, reflecting a 14.1% increase from the prior year. Furthermore, international net sales rose by 11.0%, highlighting Globus Medical’s expanding global footprint.
Looking ahead, Globus Medical remains committed to its long-term strategy of driving organic growth through new product launches, expanding its sales force, and enhancing robotic-assisted surgical capabilities. The company reaffirms its full-year 2025 revenue guidance of $2.80 to $2.90 billion and anticipates non-GAAP fully diluted earnings per share to range between $3.00 and $3.30, indicating confidence in its growth trajectory and operational efficiency.