ATEC Q2 revenue $146M (+25% YoY); raises FY2024 guidance to $602M rev, ~$25.5M adj EBITDA

Alphatec Holdings, Inc.

2024-Q2 EPS reported -$0.63 revenue$284,050,000

Total revenue $146M (+25% YoY); surgical revenue +27%. GAAP net loss $41M; adjusted EBITDA $5.6M (4% margin).
Full-year 2024 guidance raised: total revenue expected $602M (from $601M); non-GAAP adj EBITDA ~$25.5M (from $23M).
Appointed Keith Valentine as independent director; former CEO of Orthofix and SeaSpine, 30+ years spine industry experience.
Launched EOS Insight integrating AI; record 244 surgeon training engagements; deployed $50M in revenue-generating assets.
Cash balance $100M; ended Q2 with liquidity to support growth.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Keith Valentine

director

ATEC · Alphatec Holdings, Inc.

Effective: 2024-07-29
Filed: July 31, 2024, 7:59 PM ET

Effective July 29, 2024, the Company's Board of Directors (“Board”) increased the number of directors to serve on the Board to ten members and appointed Keith Valentine to serve as a director of the Company

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Valentine was appointed as director at Alphatec Holdings, Inc..

Action: appointed
Role: director

Exact text from the filing

Effective July 29, 2024, the Company's Board of Directors (“Board”) increased the number of directors to serve on the Board to ten members and appointed Keith Valentine to serve as a director of the Company

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Alphatec Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-088609

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