secwatch.observer — SEC 8-K summary
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Issuer:     Alphatec Holdings, Inc. (ATEC)
CIK:        0001350653
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-119022
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATEC Q3 revenue $151M (+27%), raises FY guidance, adds $50M term loan
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1350653/000095017024119022/0000950170-24-119022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1350653/000095017024119022/atec-20241029.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119022

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