Globus Medical, Inc. Provides Sales Guidance for the Fourth Quarter and Full Year 2018; Provides Sales Guidance for the Full Year 2019
January 09, 2019 at 02:45 am IST
Share
Globus Medical, Inc. announced sales guidance for the fourth quarter and full year 2018. The quarter, company anticipates sales of approximately $195.5 million, an increase of 11.0% over the prior year.
For the full year, sales are expected to be approximately $712.5 million, an increase of 12.0% over the prior year.
For the full year 2019, the company expects $770 million in sales.
Globus Medical, Inc. is a medical device company that develops and commercializes healthcare solutions with a focus on improving the quality of life of patients with musculoskeletal disorders. The Company offers a portfolio of differentiated technologies that are used to treat a variety of musculoskeletal conditions. Musculoskeletal Solutions consist primarily of implantable devices, biologics, accessories, and surgical instruments used in a range of spinal, orthopedic and neurosurgical procedures. Its spine products address the majority of conditions affecting the spine, including degenerative conditions, deformity, tumors, and trauma. It provides solutions that facilitate both open and minimally invasive surgery (MIS) techniques. It includes traditional fusion implants, such as pedicle screws and rod systems. Its orthopedic trauma solutions are designed to treat a variety of orthopedic fracture patterns and patient anatomies in the upper and lower extremities, as well as the hip.
GLOBUS MEDICAL, INC. 
