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Article: Globus Medical Announces 1st Quarter 2007 Results.
- Article from:
- PR Newswire
- Article date:
- April 20, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Technology Leader Reports 46 Growth
AUDUBON, Pa., April 20 /PRNewswire/ -- Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced record revenue for the quarter ending March 31, 2007. The Company recorded revenues of $26.5 million for the quarter -- an increase of 46 over the $18.2 million it achieved in the same quarter last year. The Company also announced that it is actively recruiting sales professionals in several attractive geographic markets.
According to Dave Demski, Chief Financial Officer, Globus Medical, the record revenue was fueled by sustained momentum from recent product introductions. ...
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