Alphatec: Q1 Earnings Snapshot

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Alphatec Holdings Inc. (ATEC) on Thursday reported a loss of $43.5 million in its first quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 40 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 32 cents per share.

The medical equipment and supplies holding company posted revenue of $109.1 million in the period.

Alphatec expects full-year revenue of $450 million.

Alphatec shares have climbed 19% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.66, an increase of 31% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ATEC at

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