Record preliminary 2023 revenue ~$481M (+37% YoY); 2024 guidance $595M

Alphatec Holdings, Inc.

2023-FY EPS reported -$1.54 revenue$482,262,000

Preliminary FY2023 total revenue $481.1-482.7M, up ~37% YoY; surgical revenue grew 39-40%.
Q4 2023 revenue $136.8-138.4M (surgical $121.8-122.8M, EOS $15-15.6M).
FY2024 revenue guidance $595M ($530M surgical, $65M EOS), ~23-24% growth.
Surgical volume growth accelerated to 31% in FY2023 vs 25% in 2022.
Full FY2023 results and 2024 profitability guidance due Feb 27, 2024; LRP update on Mar 19.

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 fourth quarter and full-year ended December 31, 2023 results: revenue over $480 million. Guidance initiated.

Period: the fourth quarter and full-year ended December 31, 2023
Revenue: over $480 million
Guidance: initiated
Result: preliminary results

Exact text from the filing

ATEC Announces Record Preliminary Revenue Results for 2023 and 2024 Revenue Guidance Full-year 2023 total revenue grew approximately 37% to over $480 million Expected full-year 2024 total revenue of $595 million

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Alphatec Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-002736

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