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Alphatec: 1Q Earnings Snapshot

Alphatec: 1Q Earnings Snapshot

Associated Press

CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Thursday reported a loss of $13 million in its first quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 29 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 20 cents per share.

The medical equipment and supplies holding company posted revenue of $24.6 million in the period.

Alphatec expects full-year revenue in the range of $98 million to $103 million.

The company's shares closed at $3.78. A year ago, they were trading at $3.64.

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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