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Globus Medical, Inc. GMED reported adjusted earnings per share (EPS) of 72 cents in the first quarter of 2024, which beat the Zacks Consensus Estimate by 30.9%. The metric increased 35.8% year over year.
The adjusted EPS excludes certain non-recurring expenses and benefits like the amortization of intangibles, acquisition-related costs/licensing and provision for litigation, among others.
Without adjustments, the company registered a GAAP diluted loss of 5 cents compared with the year-ago EPS ...
>>> Read more: Globus Medical (GMED) Q1 Earnings Top Estimates, Margins Fall
The adjusted EPS excludes certain non-recurring expenses and benefits like the amortization of intangibles, acquisition-related costs/licensing and provision for litigation, among others.
Without adjustments, the company registered a GAAP diluted loss of 5 cents compared with the year-ago EPS ...
>>> Read more: Globus Medical (GMED) Q1 Earnings Top Estimates, Margins Fall
