Globus Medical Reports 3Q18 Revenue of $169.2MM, +11.5% vs. 3Q17

Globus Medical continued its strong performance with a fourth consecutive quarter of double-digit organic growth. The company posted $169.2MM in revenue for 3Q18, +11.5% vs. 3Q17.

Their U.S. spine business accelerated due to implant pull-through from the ExcelsiusGPS robot and competitive reps hired in 2017 coming off non-competes....

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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