Alphatec reports Q3 adjusted EPS 3c, consensus (2c)

Reports Q3 revenue $197M, consensus $182.63M. “I’m eXtremely proud of the entire ATEC team for delivering another quarter of industry-leading results,” said Pat Miles, Chairman and Chief Executive Officer. “Our singular focus on spine is compelling an ever-growing number of surgeons to say yes to ATEC. They’re saying yes, because they know what we know: by integrating data and informatics into our procedural solutions, we are indisputably making spine care better. We are now delivering durable, profitable revenue growth that is generating cash flow. As spine’s most relentless, deeply committed stewards, we are uniquely positioned to set the industry standard for years to come.”