earnings
confidence high
sentiment positive
materiality 0.75
ATEC Q1 revenue $169M (+22% YoY); raises FY guidance to $734M; refinances convertible debt to 2030
Alphatec Holdings, Inc.
2025-Q1 EPS reported
-$0.35
revenue$169,180,000
- Surgical revenue $152M (+24%), driven by 17% procedural volume growth and 18% new surgeon adoption increase.
- GAAP net loss $52M; Adjusted EBITDA $11M (6% margin), improving 840 bps YoY.
- FY2025 revenue guidance raised to ~$734M (from $732M) and adjusted EBITDA to ~$78M (from $75M).
- Refinanced convertible debt extending maturity to 2030; ending cash $153M.
- Free cash use improved $55M versus Q1 2024.