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Alphatec Holdings Inc (OQ:ATEC)

Business Focus: Medical Equipment, Supplies & Distribution

Sector:  Healthcare Industry:  Medical Equipment, Supplies & Distribution
 
See Regulatory Filings on SEC
Company Contact
Address: 5818 El Camino Real
CARLSBAD CA 92008
Tel: 1-760-4946750
Website: https://atecspine.com
IR: See website
Key People
Patrick S. Miles
Chairman of the Board, President, Chief Executive Officer
Tyson Eliot Marshall
General Counsel, Corporate Secretary
J. Todd Koning
Chief Financial Officer, Executive Vice President
Scott Lish
Chief Operating Officer
David M. Sponsel
Executive Vice President - Sales
Eric Dasso
Executive Vice President - Adjunctive Technologies
Kelli Mari Howell
Executive Vice President - Clinical Strategies
Craig E. Hunsaker
Executive Vice President - People and Culture
Ali Shorooghi
Senior Vice President - Marketing
Joseph Walland
Senior Vice President - Global Imaging Solutions
   
Business Overview
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 patients' 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.
Financial Overview
For the three months ended 31 March 2024, Alphatec Holdings Inc revenues increased 27% to $138.5M. Net loss increased 11% to $48.5M. Revenues reflect United States segment increase of 30% to $129.8M. Higher net loss reflects Design and development surgical treatement segment loss increase of 7% to $43.3M. Basic Earnings per Share excluding Extraordinary Items increased from -$0.40 to -$0.34.