Alphatec Q1 revenue up 54% to $109M; surgical revenue up 55%; adj EBITDA loss -$5M

Alphatec Holdings, Inc.

2023-Q1 EPS reported -$0.40 revenue$109,110,000

Total revenue $109M (+54% YoY); surgical revenue +55%; EOS revenue $15M.
GAAP gross margin 65%, non-GAAP 72%; GAAP operating loss ($40M); Adj. EBITDA loss ($5M).
FY2023 guidance reaffirmed: revenue $450M (28% growth), surgical +30%, EOS $57M; adjuvant EBITDA break-even expected.
Surgical volume +40%; avg revenue per procedure +11%; acquired navigation robotics platform.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Alphatec Holdings, Inc. reported the quarter ended March 31, 2023 results: revenue $109 million. Guidance reaffirmed.

Period: the quarter ended March 31, 2023
Revenue: $109 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

ATEC Reports First Quarter 2023 Financial Results Total revenue grew 54% to $109 million, including surgical revenue growth of 55% EOS revenue grew to $15 million Adjusted EBITDA margin improved 1,080 basis points year-over-year

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Source: SEC EDGAR

accession 0000950170-23-017916

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