Alphatec Holdings, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year Ended December 31, 2019 and Full Year Ending Dec. 31, 2020
January 13, 2020 at 09:00 am
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Alphatec Holdings, Inc. provided revenue guidance for the fourth quarter and full year ended December 31, 2019. For the quarter, the company expects total revenue in range of $32.0 million to $32.4 million and U.S. revenue to be in the range of $30.9 million to $31.2 million.
For the year, the company expects total revenue in range of $113.1 million to $113.5 million and U.S. revenue to be in the range of $108.0 million to $108.3 million.
The company provided revenue guidance for the full year ending Dec. 31, 2020. For the year, the company expects, total revenue to be in the range of $130 million to $134 million; and U.S. Revenue to be in the range of $128 million to $131 million.
Alphatec Holdings, Inc., through its wholly owned subsidiaries, Alphatec Spine, Inc., EOS imaging S.A.S. and SafeOp Surgical, Inc., is a medical device company. The Company is focused on the design, development, and advancement of technology for surgical treatment of spine disorders. It has a range of product portfolios designed to address the spine's various pathologies. Its AIX product platform comprises of its EOS imaging system and VEA alignment mobile application, its SafeOp Neural InformatiX System and Valence. The EOS imaging system is designed to provide calibrated full-body imaging that enables a three-dimensional (3D) model of patientsâ skeletal systems. It has developed a patient positioning systems that integrates with its other access systems, providing for a more rigid construct and enhanced reproducibility. It offers procedure-specific access systems, including its Sigma-ALIF Access System, which allows for custom anterior abdominal exposure.