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Tuesday, 01/15/2013 2:39:26 PM

Tuesday, January 15, 2013 2:39:26 PM

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Globus Medical sees Q4 revs of $100.5 mln vs $97.9 mln Capital IQ Consensus Est (GMED) 12.32 : Co announced preliminary unaudited sales results for the year ending December 31, 2012, in advance of its national sales meeting being held later this week. The co anticipates Q4 sales of $100.5 million, a 14.3% increase over Q4 2011, and full year 2012 sales of $386.0 million, a 16.4% increase over 2011.

"Our business remains robust, and Q4 performance is a testament to the consistent execution of our strategy. We believe we will continue to grow our business at rates significantly above the industry by innovating in rapid response to the needs of our customers and patients, growing our US sales force, and expanding our footprint internationally."
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