secwatch.observer — SEC 8-K summary
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Issuer:     Alphatec Holdings, Inc. (ATEC)
CIK:        0001350653
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0000950170-24-021203
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350653/000095017024021203/0000950170-24-021203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350653/000095017024021203/atec-20240227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-021203

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer