Globus Medical (GMED) Q1 2024 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Operator: Thank you for standing by and welcome to CONMED’s First Quarter Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
A full quarter of 2024 is behind us now, and it’s clear that we’re in the midst of another bullish run, similar to last year. The gains are substantial; markets reached a trough in October 2023, and the S&P 500 is up ~24.5% from that point while the NASDAQ has rebounded 29%. Year-to-date, the indexes are up 9% and 10%, respectively. And, while last year’s gains rested on the narrow base of mega-cap tech firms, the gains this year are built on a broader foundation, providing investors with more o