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Alphatec: 1Q Earnings Snapshot

May 12, 2020 GMT

CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Monday reported a loss of $20.7 million in its first quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 33 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 18 cents per share.

The medical equipment and supplies holding company posted revenue of $30.1 million in the period.

The company’s shares closed at $4.59. A year ago, they were trading at $3.79.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATEC at https://www.zacks.com/ap/ATEC

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