earnings
confidence high
sentiment positive
materiality 0.80
ATEC Q1 revenue $71M (+61% YoY); raises FY22 guidance to $316M
Alphatec Holdings, Inc.
2023-Q1 EPS reported
-$0.43
revenue$70,933,000
- Total revenue $71M, up 61% YoY (organic 39%); GAAP gross margin 69%, non-GAAP 72%.
- GAAP operating loss $41M; non-GAAP adjusted EBITDA loss $11M; cash $152M.
- EOS imaging revenue exceeded $10M in Q1, with strong order book growth.
- Full-year 2022 revenue guidance raised to $316M (30% growth), from prior ~$305M.
- Lateral procedures drove ~40% of revenue growth; trained 100+ surgeons; surgeon users up 18% YoY.