earnings
confidence high
sentiment positive
materiality 0.80
ATEC Q3 revenue $151M (+27%), raises FY guidance, adds $50M term loan
Alphatec Holdings, Inc.
2024-Q3 EPS reported
-$0.90
revenue$434,769,000
- Q3 total revenue $151M, up 27% YoY; surgical revenue grew 30%.
- GAAP net loss $40M; adjusted EBITDA $7.4M (5% margin).
- Raised FY 2024 revenue guidance to $605M (from $602M) and adjusted EBITDA to ~$27M (from $25.5M).
- Expanded existing term loan by $50M to total $200M capacity; pro-forma cash ~$128M.
- Procedural volume grew 20%; new surgeon adoption up 19%.