Alphatec Holdings Inc reports results for the quarter ended in June - Earnings Summary

Alphatec Holdings

03/08/2023 22:03

* Alphatec Holdings Inc  ATEC.OQ  reported a quarterly
adjusted
loss of 43 cents​​ per share for the quarter ended in June. The
mean expectation of nine analysts for the quarter was for a loss
of 28 cents per share.
    * Revenue rose 38.9% to $116.92 million from a year ago;
analysts
expected $109.89 million. 
    * Alphatec Holdings Inc's reported EPS for the quarter was a
loss
of 43 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Alphatec Holdings Inc shares had fallen by 4.7% this
quarter and
gained 38.8% so far this year.
    * The company reported a quarterly loss of $51.38 million.
    * Wall Street's median 12-month price target for Alphatec
Holdings
Inc is $19.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.28          -0.43          Missed
 Mar. 31 2023      -0.31          -0.40          Missed
 Dec. 31 2022      -0.28          -0.33          Missed
 Sep. 30 2022      -0.30          -0.35          Missed