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Article: Globus Medical Announces Record 2nd Quarter 2007 Results.
- Article from:
- PR Newswire
- Article date:
- August 27, 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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AUDUBON, Pa., Aug. 27 /PRNewswire/ -- Globus Medical, Inc., the largest privately held spinal implant manufacturer in the world, today announced record revenue for the quarter ending June 30, 2007. The company recorded revenues of $30.2 million for the second quarter -- an increase of 52% over the $19.9 million it achieved in the same quarter a year ago. The announcement follows on the heels of $110 million in series E financing to fund Globus' continued rapid growth.
"The record results were driven by a major expansion of the company's sales and distribution footprint, and the introduction of several new products across its fusion, MIS and biomaterials ...
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... ... About Globus Medical, Inc. Globus Medical, Inc. the largest privately ... patients with spinal disorders. Globus Medical has a full portfolio of spinal ... globusmedical.com/. CONTACT: Sara Brown Meehan for Globus Medical, Inc., +1-202-286 ...
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