05:44 AM EST, 11/07/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)
Globus Medical ( GMED ) shares soared nearly 26% in recent premarket activity Friday after the company reported a surprise jump in Q3 non-GAAP earnings and stronger-than-expected growth in revenue late Thursday.
The company reported Q3 non-GAAP earnings of $1.18 per diluted share, up from $0.83 a year earlier.
Analysts polled by FactSet expected $0.78.
Net sales for the quarter ended Sept. 30 were $769 million, up from $625.7 million a year earlier.
Analysts surveyed by FactSet expected $734.7 million.
The company now expects full-year adjusted EPS of $3.75 to $3.85 on revenue of $2.86 billion to $2.90 billion. Analysts are looking for $3.21 and $2.86 billion, respectively.
Globus previously projected full-year adjusted EPS at $3 to $3.30 on revenue of $2.80 billion to $2.90 billion.