ATEC Reports Third Quarter 2024 Financial Results And Raises Full-Year Guidance
Alphatec Holdings, Inc. (ATEC)
Last alphatec holdings, inc. earnings: 10/30 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.alphatecspine.com/investor-relations
Company Research
Source: Business Wire
Surgical revenue grew 30%; total revenue grew 27%Full-year revenue and profitability guidance increasedEnhanced balance sheet flexibility with $50 million expansion of existing term loan facility CARLSBAD, Calif.--(BUSINESS WIRE)--Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter ended September 30, 2024, and recent corporate highlights.Third Quarter 2024 Financial Results Quarter EndedSeptember 30, 2024Total revenue$151 millionGAAP gross margin68%Non-GAAP gross margin69%GAAP operating expenses$136 millionNon-GAAP operating expenses$114 millionGAAP net loss($40) millionAdjusted EBITDA$7.4 millionAdjusted EBITDA margin5%Ending cash balance$81 millionRecent HighlightsDrove 20% procedural volume growth on continued momentum of PTPTM and LTPTM;Achieved 19% growth in new surgeon adoption, a key leading indicator of future growth;Continued to expand U.S.
Show less
Read more
Impact Snapshot
Event Time:
ATEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ATEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ATEC alerts
High impacting Alphatec Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
ATEC
News
- Is SPDR S&P Health Care Equipment ETF (XHE) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Alphatec Holdings, Inc. (NASDAQ: ATEC) had its price target raised by analysts at Barclays PLC from $19.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- ATEC to Participate in Upcoming ConferencesBusiness Wire
- Earnings Update: Alphatec Holdings, Inc. (NASDAQ:ATEC) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]Yahoo! Finance
- 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