Alphatec Sees FY23 Revenue $472M Vs $464.7M Est.
Portfolio Pulse from Benzinga Newsdesk
Alphatec expects its total revenue to grow 35% to $472 million for the fiscal year ended December 31, 2023, which is in line with expectations. This includes surgical revenue of $414 million and EOS revenue of $58 million. The company also expects non-GAAP adjusted EBITDA of approximately $3 million for the full year 2023.
November 06, 2023 | 10:13 pm
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Alphatec's FY23 revenue forecast is in line with expectations, which could reassure investors. The company's expected non-GAAP adjusted EBITDA of $3 million could also be a positive sign.
Alphatec's revenue forecast for FY23 is in line with expectations, which could reassure investors about the company's financial health. The expected non-GAAP adjusted EBITDA of $3 million could also be seen as a positive sign, indicating that the company is expected to be profitable.
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