Alphatec Holdings Inc. (ATEC) experienced a significant decline of 9.69% during night session trading on Tuesday. The spine solutions provider's stock moved lower following the release of its fourth-quarter 2025 financial results.
The company reported Q4 revenue of $213 million, which slightly exceeded analyst expectations of $211.4 million. Adjusted EBITDA of $33 million also beat the consensus estimate of $30.6 million, while surgical revenue grew 21% year-over-year driven by increased case volumes.
However, investors reacted negatively to the company's ongoing profitability challenges. Alphatec reported a GAAP net loss of $22 million for the quarter with basic earnings per share of -$0.14, along with an operating loss of $8.819 million. Despite the top-line growth and reiterated fiscal year 2026 revenue guidance of approximately $890 million, market participants appeared focused on the persistent losses at the GAAP level.
Comments