Recap: Alphatec Holdings Q1 Earnings

Alphatec Holdings (NASDAQ:ATEC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what…

Alphatec Holdings (NASDAQ:ATEC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Alphatec Holdings missed estimated earnings by 33.33%, reporting an EPS of $-0.4 versus an estimate of $-0.3.

Revenue was up $38.18 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 1.89% increase in the share price the next day.

Here’s a look at Alphatec Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.28 -0.30 -0.29 -0.30
EPS Actual -0.33 -0.35 -0.36 -0.43
Revenue Estimate 100.92M 82.18M 78.09M 66.11M
Revenue Actual 105.94M 89.84M 84.15M 70.93M

To track all earnings releases for Alphatec Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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