On the heels of a first quarter sales dip, leaders remain confident in Globus Medical’s full-year success, according to a May 8 earnings call. 1. Globus Medical’s Excelsius robotic technologies are now compatible with the Reline Open, Modular, Mass, Mass…
Spinal Tech
Globus Medical’s first quarter sales decreased 1.4% year over year, according to financial results posted May 8. Five things to know: 1. Quarterly sales were $598.1 million. President and CEO Dan Scavilla said sales were affected by enabling technology deal…
Eminent Spine earned FDA 510(k) clearance for its 3D-printed titanium pedicle screw system, according to a May 7 news release. The milestone makes it the first and only system of its kind to earn FDA clearance, and it is made…
In February, Orthofix announced plans to discontinue the M6 disc replacement line, and leaders discussed the financial costs of the move in a May 6 earnings call. Orthofix expects a one-time restructuring cost of $8 million mostly linked to the…
Orthopedic surgeon Juan Toribio, MD, and VisAR augmented-reality navigation co-inventor Wendell Gibby, MD, have performed the first-ever immersive 3D spinal surgery using augmented reality guidance with combined silhouette and X-ray registration. The procedure, successfully performed at Hospital Son Llàtzer in…
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Orthofix saw first quarter 2025 sales grow, according to financial results posted May 6. Five things to know about Q1: 1. Orthofix’s sales, including its recently discontinued M6-C and M6-L disc, were $193.6 million. Excluding M6 sales, Orthofix’s quarterly revenue…
Stryker plans to absorb the impact of tariffs, an estimated $200 million cost, Vice President and CFO Preston Wells said in a May 1 quarterly earnings call. Four earnings call notes: 1. Tariff impact is expected to be $200 million…
Stryker saw year-over-year revenue growth in the first quarter of 2025, according to financial results posted May 2. Six things to know: 1. Quarterly revenue reached $5.9 billion, an 11.9% increase year over year. 2. Orthopedic sales grew 9.7% year…
Spinal device company Alphatec recorded total revenue of $169 million during the first quarter of 2025, according to a May 1 news release. Here are five additional notes on the company’s first-quarter performance:
Orthofix CEO Massimo Calafiore saw total compensation of $10.6 million in 2024, according to an April 20 proxy filing. Compensation packages for executives include salary, stock and option awards, non-equity incentive plan compensation, bonuses and other pay. Massimo Calafiore, President…