<span item_type="fundamental" item_id="8f16d8bfe9ca7f17f833eecdb1181031" counter_id="ST/US/ATEC" env="prod"></span><span item_type="announcement" item_id="544380101935832961" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 185.54 M, beating the estimate of USD 178.85 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.27, missing the estimate of USD -0.1883.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue from products and services for the three months ended June 30, 2025, was $185.5 million, an increase of 27% compared to $145.6 million for the same period in 2024. For the six months ended June 30, 2025, revenue was $354.7 million, an increase of 25% compared to $284.1 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Gross Profit</strong>: For the three months ended June 30, 2025, gross profit was $129.1 million, compared to $102.6 million for the same period in 2024. For the six months ended June 30, 2025, gross profit was $245.1 million, compared to $199.9 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li><li><strong>Operating Loss</strong>: Operating loss for the three months ended June 30, 2025, was -$13.1 million, compared to -$35.3 million for the same period in 2024. For the six months ended June 30, 2025, operating loss was -$57.4 million, compared to -$78.6 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li><li><strong>Net Loss</strong>: Net loss for the three months ended June 30, 2025, was -$41.1 million, compared to -$40.7 million for the same period in 2024. For the six months ended June 30, 2025, net loss was -$93.1 million, compared to -$89.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: Net cash provided by operating activities for the six months ended June 30, 2025, was $10.5 million, compared to net cash used in operating activities of -$49.8 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li><li><strong>Investing Cash Flow</strong>: Net cash used in investing activities for the six months ended June 30, 2025, was -$23.8 million, compared to -$69.5 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li><li><strong>Financing Cash Flow</strong>: Net cash provided by financing activities for the six months ended June 30, 2025, was $31.1 million, compared to net cash used in financing activities of -$1.1 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Expense</strong>: Interest expense, net, for the three months ended June 30, 2025, was -$12.3 million, compared to -$5.8 million for the same period in 2024. For the six months ended June 30, 2025, interest expense, net, was -$20.2 million, compared to -$11.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: Alphatec Holdings, Inc. aims to continue expanding its surgeon user base and product portfolio, focusing on increasing adoption of its technology to drive revenue growth.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li><li><strong>Non-Core Business</strong>: The company plans to use the remainder of the net proceeds from the 2030 Notes for general corporate purposes, following the repurchase of 80% of its 2026 convertible notes.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1350653/000095017025100963/atec-20250630.htm"></span></li></ul>

Alphatec | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 185.54 M