Financial PerformanceATEC posted a strong quarter to start the year, with top-line revenues above expectations, an adj. EBITDA beat, and cash burn nearly beating expectations.
Market PositionATEC's work to drive clinical differentiation with its enabling technologies and procedural solutions appears to be paying off, as ATEC notes it is an 8% market share player, the largest pure-play spine company.
Revenue GrowthThe strong revenue growth seen in 2024 appears to have continued into the new year, with topline revenue up 22% YoY, which is approximately 4x the industry average.