Globus Medical: The Shrinking Robot Line Hides A Growing Annuity
Globus Medical is using flexible leasing to expand its installed base and emphasize recurring implant sales. The excerpt reports adjusted EBITDA margins of 35.4%, nearly doubled year-over-year free cash flow, and 25% growth in ExcelsiusGPS placements despite a segment revenue decline.
Why it matters — These developments point to a shift toward recurring sales and cash generation as GMED integrates NuVasive.