Alphatec Hldgs Inc Stock Price, News & Analysis

Alphatec Holdings, Inc. (NASDAQ: ATEC) will announce its fourth quarter and full year 2021 financial results on March 1, 2022, after market close. A live webcast is scheduled for 1:30 p.m. PT / 4:30 p.m. ET. Investors can access the webcast through the Investor Relations Section of ATEC’s website. A replay will be available for twelve months post-event.

Alphatec Holdings, Inc. (NASDAQ: ATEC) announced impressive preliminary revenue results for Q4 and full-year 2021, reflecting a 41-42% U.S. organic revenue growth in Q4 and an annual growth of 50-51%. The total revenue for 2021 is expected between $242.5M to $243.3M. For 2022, ATEC anticipates a 26% growth, targeting approximately $305M in total revenue. Highlights include strong uptake of the PTP™ approach and innovative offerings, driving clinical distinction and market expansion.

Alphatec Holdings, Inc. (Nasdaq: ATEC) will present at the 24th Annual Virtual Needham Growth Conference on January 14, 2022, at 1:15 PM ET. The presentation will be made by Pat Miles, Chairman and CEO, and Todd Koning, CFO. A live webcast will be available on the Company’s website, with a replay accessible for 90 days thereafter. ATEC focuses on innovative spine surgery solutions through its subsidiaries, seeking to revolutionize the approach to spine surgery.

Alphatec Holdings, Inc. (Nasdaq: ATEC) reported a significant total revenue growth of 53% for Q3 2021, with organic growth at 29%. The company's total revenue reached $62.9 million, and EOS imaging contributed over $11 million. Operating expenses were $74.7 million leading to a GAAP operating loss of $35.1 million. Looking ahead, ATEC anticipates total revenue for 2021 to be around $235 million, marking approximately 62% growth year-over-year. The adoption of the PTP Technique and enhanced product offerings are driving these results.

Alphatec Holdings, Inc. (Nasdaq: ATEC) announced today its participation in several upcoming investor conferences. Pat Miles, Chairman and CEO, and Todd Koning, CFO, will represent the company at the Credit Suisse 30th Annual Healthcare Conference on November 11, 2021, the Stifel Healthcare Conference on November 16, 2021, and the Piper Sandler Conference from November 22 to December 2, 2021. They will also partake in the Stifel Medtech Madness Annual West Coast Bus Tour on December 13, 2021. Webcast replays will be available for 90 days post-conference.

Alphatec Holdings, Inc. (NASDAQ: ATEC) announced it will release its third quarter 2021 financial results on November 4, 2021, after market close. A live webcast will follow at 1:30 p.m. PT / 4:30 p.m. ET. Interested participants can access the webcast via ATEC's Investor Relations website. The results and insights from the call will be available for replay until November 11, 2021.

Alphatec Holdings (NASDAQ: ATEC) has launched the InVictus OsseoScrew Expandable Spinal Fixation System, a state-of-the-art solution designed to enhance spinal fixation in patients with compromised bone quality. This system achieves a 29% increase in pull-out strength compared to conventional screws. Clinical studies indicate that it provides comparable fusion and stability outcomes while mitigating risks associated with cement leakage. The InVictus platform aims to address unmet clinical needs in spine surgery, ensuring safer and more effective patient care.

Alphatec Holdings, Inc. (NASDAQ: ATEC) provided an update on its business amidst the COVID-19 pandemic, which has affected surgical volumes in the spine sector during Q3 2021. Despite lower than expected overall procedure volumes, ATEC anticipates over 25% year-over-year spine revenue growth for the quarter, although revenue will decline sequentially from Q2. The company continues to integrate EOS imaging technology and remains focused on advancing spine surgery innovation. ATEC plans to showcase its solutions at the upcoming NASS 2021 meeting.

Alphatec Holdings, Inc. (NASDAQ: ATEC) announced participation in the North American Spine Society's Annual Meeting from September 29 to October 1, 2021. The event will highlight the company’s innovative spine solutions, including the Prone TransPsoas (PTP) technique and EOS imaging technology. ATEC aims to demonstrate the clinical utility of these advancements through presentations by leading spine surgeons at booth #2308. CEO Pat Miles emphasized ATEC's commitment to revolutionizing spine surgery.