Globus Medical hits $383M in Q3 net sales

Spinal Tech

Globus Medical reported $383.6 million in global net sales during the third quarter, according to a Nov. 7 news release.

Here are four additional notes:

1. The $383.6 million in worldwide net sales is a 51% jump compared to the third quarter of 2022. 

2. Net sales in the U.S. increased 42.5% year-over-year.

3. Cost of sales was $135.4 million in the third quarter, generating a gross profit of $248.2 million in the quarter. 

4. Standalone Globus Medical net sales totalled $281.2 million, an increase of 10.7%.

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