Globus Medical Inc. Posts Solid 3rd-Quarter Results With Robots in Its Future

Globus Medical Inc. Posts Solid 3rd-Quarter Results With Robots in Its Future

Globus Medical Inc. (NYSE: GMED) shareholders had to love the first half of 2017. The musculoskeletal-solutions company saw its stock price soar more than 30% by late June. Since then, Globus Medical has lost its momentum, despite announcing strong second-quarter results in August.

The company had an opportunity to get investors excited once again when it reported third-quarter results after the market closed on Wednesday. Those results were solid, but probably didn't stir a tremendous amount of enthusiasm. Here are the highlights.

Image source: Getty Images.

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Source: Fool.com