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

Alphatec Holdings

04/05/2023 22:42

* Alphatec Holdings Inc  ATEC.OQ  reported a quarterly
adjusted
loss of 40 cents​​ per share for the quarter ended in March. The
mean expectation of nine analysts for the quarter was for a loss
of 31 cents per share.
    * Revenue rose 53.8% to $109.11 million from a year ago;
analysts
expected $103.90 million. 
    * Alphatec Holdings Inc's reported EPS for the quarter was a
loss
of 40 cents​.
    * The mean earnings estimate of analysts had fallen by
about 20%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Alphatec Holdings Inc shares had fallen by 5.8% this
quarter and
gained 19.0% so far this year.
    * The company reported a quarterly loss of $43.53 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 May
4 at 09:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.29          -0.36          Missed