Globus Medical posts 10.6% increase in Q2 sales: 5 notes

Spinal Tech

Globus Medical on Aug. 3 posted second quarter sales of $291.6 million.

Five things to know:

1. Second quarter sales grew 10.6 percent year-over-year, according to a news release.

2. The enabling technologies segment saw $32.8 million, an 18.2 percent increase from the same time in 2022. 

3. Musculoskeletal sales grew 9.6 percent year-over-year with $256,855 million.

4. Half-year sales were $568,303 million, up 15 percent from the first six months of 2022.

5. Globus Medical increased its full year guidance and expects to see $1.1 billion in total sales.

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