Alphatec Holdings Sees FY23 Revenue $462M Vs $451.05M Est
Portfolio Pulse from Happy Mohamed
Alphatec Holdings has updated its financial outlook for FY23, expecting total revenue to grow by 32% to $462 million. This includes a 33% growth in surgical revenue and $58 million of EOS revenue. The company also anticipates a non-GAAP adjusted EBITDA of approximately $2 million for the full year 2023.
August 04, 2023 | 2:45 pm
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POSITIVE IMPACT
Alphatec Holdings' revised FY23 outlook indicates a significant increase in revenue, which could positively impact the company's stock in the short term.
Alphatec's revised outlook for FY23 shows a significant increase in revenue, including a 33% growth in surgical revenue and $58 million of EOS revenue. This positive financial outlook could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100