Alphatec Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 05:02 pm EDT
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Alphatec Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 116.92 million compared to USD 84.15 million a year ago. Net loss was USD 51.38 million compared to USD 37.1 million a year ago. Basic loss per share from continuing operations was USD 0.43 compared to USD 0.36 a year ago.
For the six months, revenue was USD 226.03 million compared to USD 155.08 million a year ago. Net loss was USD 94.91 million compared to USD 79.72 million a year ago. Basic loss per share from continuing operations was USD 0.83 compared to USD 0.79 a year ago.
Alphatec Holdings, Inc., through its wholly owned subsidiaries, Alphatec Spine, Inc., EOS imaging S.A.S. and SafeOp Surgical, Inc., is a medical device company. The Company is focused on the design, development, and advancement of technology for surgical treatment of spine disorders. It has a range of product portfolios designed to address the spine's various pathologies. Its AIX product platform comprises of its EOS imaging system and VEA alignment mobile application, its SafeOp Neural InformatiX System and Valence. The EOS imaging system is designed to provide calibrated full-body imaging that enables a three-dimensional (3D) model of patientsâ skeletal systems. It has developed a patient positioning systems that integrates with its other access systems, providing for a more rigid construct and enhanced reproducibility. It offers procedure-specific access systems, including its Sigma-ALIF Access System, which allows for custom anterior abdominal exposure.
ALPHATEC HOLDINGS, INC. 
