ATEC Announces Preliminary First Quarter 2020 Revenue Results And Provides Business Update
Alphatec Holdings, Inc. (ATEC)
Last alphatec holdings, inc. earnings: 10/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.alphatecspine.com/investor-relations
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Source: GlobeNewswire
First quarter U.S. revenue growth exceeds 25%Continued new product adoption drives accelerated resultsCash position strengthened with $20 million draw on Squadron Capital credit facility Full year 2020 revenue guidance suspended due to COVID-19 pandemic CARLSBAD, Calif., April 08, 2020 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (“ATEC” or the “Company”) (Nasdaq: ATEC), a medical device company dedicated to revolutionizing the approach to spine surgery, announced today preliminary revenue results for the first quarter ended March 31, 2020, and provided a business update on its response to the COVID-19 pandemic. Preliminary, Unaudited First Quarter 2020 Revenue Preliminary, unaudited first quarter 2020 results reflect U.S. revenue growth of 25% to 26%. The growth was largely driven by the continuing rapid adoption of recently released ATEC technologies (launched since 2018), with new product sales growing to over 55% of U.S. revenue. Quarter EndedMarch 31, 2020 (unaudited)Total
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News
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- Alphatec Holdings, Inc. (NASDAQ: ATEC) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $20.00 price target on the stock.MarketBeat
ATEC
Earnings
- 10/30/24 - Miss
ATEC
Sec Filings
- 11/20/24 - Form 144
- 11/15/24 - Form S-3ASR
- 11/12/24 - Form SC
- ATEC's page on the SEC website