ATEC raises FY2023 revenue guidance to ~$472M after Q3 preliminary revenue of $117.7-118.5M

Alphatec Holdings, Inc.

2023-Q3 EPS reported -$1.18 revenue$344,292,000

Q3 total revenue $117.7-118.5M (+31-32% YoY), driven by lateral adoption momentum.
Surgical revenue $103.3-103.9M; EOS revenue $14.3-14.5M.
FY2023 revenue guidance raised to ~$472M from prior ~$462M.
Preliminary results; final Q3 earnings expected Nov 6, 2023 after market close.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Alphatec Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $117.7M to $118.5M. Guidance raised.

Period: third quarter ended September 30, 2023
Revenue: $117.7M to $118.5M
Guidance: raised
Result: preliminary results

Exact text from the filing

Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today select preliminary financial results for the third quarter ended September 30, 2023, and updated full-year 2023 revenue guidance ahead of investor meetings scheduled during the 2023 North American Spine Society (NASS) Annual Meeting . Preliminary Third Quarter 2023 Revenue Ranges Quarter Ended September 30, 2023 Surgical Revenue $103.3M to $103.9M EOS Revenue $14.3M to $14.5M Total Revenue $117.7M to $118.5M

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Source: SEC EDGAR

accession 0000950170-23-053419

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