Alphatec: 2Q Earnings Snapshot
CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Wednesday reported a loss of $12.4 million in its second quarter.
The Carlsbad, California-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 21 cents per share.
The medical equipment and supplies holding company posted revenue of $27.3 million in the period.
Alphatec expects full-year revenue in the range of $104 million to $109 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.60. A year ago, they were trading at $2.80.