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GLOBUS MEDICAL INC

For the period ended Jun 30, 2024. Filed Aug 6, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 6, 2024

GMED$76.37+7.5%Stored close · as of Nov 9, 2026

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2024

or

 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to _______________

Commission File No.001-35621

(Exact name of registrant as specified in its charter)

DELAWARE04-3744954
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
2560 General Armistead Avenue, Audubon, PA 19403-5214(610) 930-1800
(Address of principal executive offices) (Zip Code)(Registrant’s telephone number, including Area Code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolsName of exchange on which registered
Class A Common Stock, par value $.001 per shareGMEDNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days:

Yes No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files):

Yes No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large Accelerated FilerAccelerated FilerNon-accelerated FilerSmaller Reporting CompanyEmerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act):

Yes No

The number of shares outstanding of the issuer’s common stock (par value $0.001 per share) as of August 2, 2024 was 135,407,017 shares.

TABLE OF CONTENTS

Page
PART I. · FINANCIAL INFORMATION
Item 1. · Financial Statements
Condensed Consolidated Balance Sheets (Unaudited)
June 30, 2024 and December 31, 20233
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)
Three and six months ended June 30, 2024 and June 30, 20234
Condensed Consolidated Statements of Equity (Unaudited)
Three and six months ended June 30, 2024 and June 30, 20235
Condensed Consolidated Statements of Cash Flows (Unaudited)
Six months ended June 30, 2024 and June 30, 20236
Notes to Condensed Consolidated Financial Statements (Unaudited)7
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations30
Item 3.Quantitative and Qualitative Disclosures About Market Risk38
Item 4.Controls and Procedures38
PART II.OTHER INFORMATION39
Item 1.Legal Proceedings39
Item 1A.Risk Factors39
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds39
Item 3.Defaults Upon Senior Securities39
Item 4.Mine Safety Disclosures39
Item 5.Other Information40
Item 6.Exhibits40
SIGNATURES41

‎

PART I.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.