Alphatec reports FY2023 revenue $482M (+37% YoY); guides FY2024 revenue ~$595M

Alphatec Holdings, Inc.

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

Full-year 2023 revenue $482M, up 37% YoY; Q4 revenue $138M, surgical revenue growth 34%.
GAAP net loss of $187M for FY2023; Q4 net loss $49M.
FY2024 revenue guidance ~$595M, implying ~23% YoY growth; adjusted EBITDA margin expansion ~560 bps.
Adjusted EBITDA (updated definition) FY2023: ($9M) vs prior $4M; Q4: $2M.
Trained over 500 surgeons in 2023; surgeon users up 27% YoY.

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 year ended December 31, 2023 results: revenue $482 million.

Period: year ended December 31, 2023
Revenue: $482 million
Result: reported results

Exact text from the filing

(EX-99.1) --- EX-99.1 Exhibit 99.1 ATEC Reports Fourth Quarter and Full-Year 2023 Financial Results and Recent Corporate Highlights Full year 2023 total revenue grew 37% to $482 million Full year 2023 adjusted EBITDA margin improved ~890 basis points Full year 2024 total revenue expected to approximate $595 million, enabling adjusted EBITDA margin expansion of

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Source: SEC EDGAR

accession 0000950170-24-021203

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