ATEC Q2 revenue up 39% to $117M; raises FY2023 revenue guidance to $462M and adjusted EBITDA to ~$2M

Alphatec Holdings, Inc.

2023-Q2 EPS reported -$0.83 revenue$226,030,000

Total revenue $117M (+39% YoY); surgical revenue $102M (+41%), EOS revenue $15M (+24%).
Positive adjusted EBITDA ~$1M, expanding margin 1,110 bps from prior year.
GAAP operating loss ($50M); gross margin 55% GAAP, 73% non-GAAP.
Surgical volume up 32%; average revenue per procedure up 7%.
Attracted 17 new employees with 12,772 RSUs granted as inducement.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Alphatec Holdings, Inc. reported the quarter ended June 30, 2023 results: revenue $117 million. Guidance raised.

Period: the quarter ended June 30, 2023
Revenue: $117 million
Guidance: raised
Result: reported results

Exact text from the filing

ATEC Reports Second Quarter 2023 Financial Results and Raises Full Year 2023 Revenue and Adjusted EBITDA Guidance Total revenue grew 39% to $117 million

View on SEC.gov

Browse all earnings releases →

Alphatec Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-038024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.