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Globus Medical Inc (GMED.N)

GMED.N on New York Stock Exchange

29.96USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Globus Medical files for non-timely 10-K
Wednesday, 1 Mar 2017 06:29am EST 

Globus Medical Inc : Globus Medical Inc files for non-timely 10-K .Globus Medical - Anticipates filing its form 10-K for the fiscal year ended December 31, 2016 within the extension period.  Full Article

Globus Medical Q4 non-gaap EPS $0.31
Monday, 27 Feb 2017 04:41pm EST 

Globus Medical Inc : Globus medical reports full year and fourth quarter 2016 results . Q4 non-gaap earnings per share $0.31 . Q4 earnings per share $0.25 . Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S . Sees fy 2017 non-gaap earnings per share $1.27 . Sees fy 2017 sales $625 million . Q4 sales $151.6 million versus i/b/e/s view $149.3 million .Fy2017 earnings per share view $1.27, revenue view $624.0 million -- Thomson Reuters I/B/E/S.  Full Article

Globus Medical reports Q3 earnings per share $0.27
Tuesday, 8 Nov 2016 04:15pm EST 

Globus Medical Inc: Globus medical reports third quarter 2016 results . Reports Q3 sales down 1 percent . Q3 non-gaap earnings per share $0.29 . Q3 earnings per share $0.27 . Sees FY 2017 sales $625 million . Sees FY 2016 sales $560 million . Company issues new 2016 guidance for sales of $560 million . Q3 revenue $135.7 million versus i/b/e/s view $139.2 million . Q3 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Sees FY 2016 gaap earnings per share of approximately $1.13 . Sees FY 2016 guidance for non-gaap diluted eps at $1.20 per share. . Company currently projects 2017 full year sales of $625 million . FY 2016 earnings per share view $1.20, revenue view $574.8 million -- Thomson Reuters I/B/E/S .FY 2017 revenue view $640.0 million -- Thomson Reuters I/B/E/S.  Full Article

Globus Medical enters agreement with Alphatec and Alphatec Spine
Friday, 2 Sep 2016 09:21am EDT 

Globus Medical Inc : Says entered into a credit, security and guaranty agreement with Alphatec And Alphatec Spine, Inc. . Says agreement made available to Alphatec borrowers senior secured term loan facility in an amount not to exceed $30 million. .Credit agreement has a scheduled maturity date five years from closing date..  Full Article

Globus Medical to buy Alphatec’s international business for $80 mln in cash
Tuesday, 26 Jul 2016 04:30pm EDT 

Globus Medical Inc : Globus Medical announces the acquisition of Alphatec’s international business .Deal for $80.0 million in cash.  Full Article

Alphatec Holdings announces sale of international business to Globus Medical
Tuesday, 26 Jul 2016 04:30pm EDT 

Alphatec Holdings Inc : Alphatec Holdings announces sale of international business to Globus Medical . As part of transaction, Globus has also agreed to provide Alphatec a five-year senior secured credit facility of up to $30 million . Expects to use portions of cash consideration to pay down approximately $69 million of existing debt and debt-related costs . Globus will acquire Alphatec's international distribution operations and agreements . Alphatec holdings announces sale of international business to Globus Medical .Deal for $80 million.  Full Article

Globus Medical Q2 non-gaap earnings per share $0.29
Tuesday, 26 Jul 2016 04:30pm EDT 

Globus Medical Inc : Preliminarily projects 2017 full year sales of $640M including $40M from acquisition . FY2016 earnings per share view $1.20, revenue view $583.1 million -- Thomson Reuters I/B/E/S . Globus Medical reports second quarter 2016 results . Q2 non-gaap earnings per share $0.29 . Q2 earnings per share $0.27 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Sees FY 2016 sales about $575 million . Q2 revenue $137.5 million versus I/B/E/S view $141.8 million .Sees full year 2016 gaap earnings per share of approximately $1.17.  Full Article

Acacia Research says Bonutti Skeletal Innovations entered into settlement, license agreement with Globus Medical
Friday, 10 Jun 2016 06:13am EDT 

Acacia Research Corp : Bonutti Skeletal Innovations Llc entered into a settlement and license agreement with Globus Medical Inc - sec filing .Agreement resolves patent litigation pending in united states district court for eastern district of pennsylvania.  Full Article

Globus Medical Inc announces litigation settlement agreement
Tuesday, 19 Jan 2016 05:08pm EST 

Globus Medical Inc:Announces litigation settlement agreement.Terms of the settlement have not been disclosed but were to the parties' mutual satisfaction.Says DePuy Synthes Products Inc, DePuy Synthes Sales Inc. and Globus Medical Inc. have settled four patent infringement lawsuits concerning spinal implant technologies.  Full Article

Globus Medical Inc gives Q4 2015 sales guidance; updates FY 2015 sales guidance; gives FY 2016 guidance
Wednesday, 6 Jan 2016 04:15pm EST 

Globus Medical Inc:Anticipates Q4 2015 sales of about $142.6 million.Says FY 2015 estimated sales are expected to be about $544.7 million, growing 14.8% as-reported or 16.0% in constant currency vs. the prior year, exceeding the company's previous guidance of $539 million.Established FY 2016 guidance of $583 million in sales and fully diluted earnings per share of $1.20.  Full Article

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BRIEF-Globus Medical files for non-timely 10-K

* Globus Medical - Anticipates filing its form 10-K for the fiscal year ended December 31, 2016 within the extension period Source text: [http://bit.ly/2mK6X85] Further company coverage: