Alphatec Hldgs Inc Stock Price, News & Analysis

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.

Alphatec Holdings, Inc. (Nasdaq: ATEC) announced that Pat Miles, Chairman and CEO, and Todd Koning, CFO, will participate in two investor conferences. The first is the H.C. Wainwright 23rd Annual Global Investment Conference, featuring a virtual presentation available from September 13-15, 2021. The second is The Cantor Virtual Global Healthcare Conference on September 27, 2021, at 4:40 pm ET. Webcasts and presentation copies will be accessible on the company's investor relations website for 90 days.

ATEC aims to transform spine surgery with its innovative solutions.

Alphatec Holdings, Inc. (Nasdaq: ATEC) has priced a private offering of $275 million in 0.75% convertible senior notes due 2026, increased from a previous $250 million. The notes will settle on August 10, 2021, and yield semi-annual interest. Notably, the initial conversion price represents a premium of 32.5% over recent stock prices. Proceeds will fund capped call transactions, share repurchases of $25 million, and debt repayment. Alphatec’s financial maneuvers aim to minimize stock dilution and enhance shareholder value, although market conditions pose inherent risks.