Alphatec reports Q2 EPS (43c), consensus (28c)

Reports Q2 revenue $117M, consensus $109.9M. “ATEC‘s 100% spine focus gives us a unique ability to create comprehensive, ground-up procedures that directly improve spine care,” said Pat Miles, Chairman and Chief Executive Officer. “Our long-held thesis – that good surgery is good business – is proving out. We are delivering unmatched clinical distinction, which is compelling strong surgeon adoption, attracting some of spine’s most talented sales professionals, and fueling industry-leading procedural volume growth. But we’re still just getting started. We are focused on developing the most actionable informatics ecosystem in spine, which will use EOS and navigation-enabled robotics to address spine surgery’s biggest challenges. With the knowhow we have assembled at ATEC, I love our chances.”