Globus Medical, Inc. Announces Preliminary Unaudited Sales Results for the Fourth Quarter and Year Ended December 31, 2012
January 15, 2013 at 09:51 am
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Globus Medical, Inc. announced preliminary unaudited sales results for the fourth quarter and year ended December 31, 2012. The company anticipates fourth quarter sales of $100.5 million, a 14.3% increase over fourth quarter 2011.
The company anticipates full year 2012 sales of $386.0 million, a 16.4% increase over 2011.
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.