Healthcare Equipment and Supplies
Company Overview of Alphatec Spine, Inc.
Alphatec Spine, Inc. designs, engineers, manufactures, and sells spine products. Its products address the problems of cervical, thoracolumbar, and intervertebral regions of the spine, as well as various spinal disorders and surgical procedures. The company sells its products through direct sales force and independent distributors in the United States and internationally. Alphatec Spine, Inc. was formerly known as Alphatec Manufacturing, Inc. The company was founded in 1990 and is headquartered in Carlsbad, California with additional office locations in Japan, Hong Kong, and Europe. Alphatec Spine, Inc. operates as a subsidiary of Alphatec Holdings, Inc.
5818 El Camino Real
Carlsbad, CA 92008
Founded in 1990
Key Executives for Alphatec Spine, Inc.
Chief Executive Officer, President and Director
Chief Financial Officer, Vice President and Treasurer
President of Alphatec Pacific Inc
Senior Vice President, Secretary and General Counsel
Compensation as of Fiscal Year 2015.
Alphatec Spine, Inc. Key Developments
Alphatec Spine Announces Consolidated Earnings Results for the Third Quarter and Nine Months of 2015; Provides Financial Guidance for the Fourth Quarter and Full Year of 2015
Nov 3 15
Alphatec Spine announced consolidated earnings results for the third quarter of 2015. For the quarter, the company reported consolidated revenues of $43 million compared to $51 million in third quarter of 2014. Adjusted EBITDA was $5.3 million in the third quarter of 2015 or 12.2% of revenues, reflecting the lower contribution of U.S. revenues when compared to the prior year quarter.
The company expect full year as reported revenue of approximately $188.7 million, which implies as reported fourth quarter revenue of approximately $50.4 million. Additionally, the company is amending guidance to non-GAAP adjusted EBITDA and expects it to be approximately $22 million, representing approximately 11.7% of annual revenue.
Alphatec Spine Announces Management Changes Effective November 2, 2015
Oct 30 15
Alphatec Spine, Inc. announced that James R. Glynn is retiring as a member of the board of directors and Audit Committee Chairman, effective November 2, 2015. Alphatec Spine's board of directors has appointed Donald A. Williams, an independent director of Alphatec's board of directors and current member of the Audit Committee, as the Chairman of the Audit Committee, effective November 2, 2015. Mr. Williams joined the board of directors in May 2015 and previously was a Partner at Ernst & Young for eighteen years and a Partner with Grant Thornton, LLP for the last seven years. He has served as the lead partner on multiple initial public offerings, secondary offerings, private and public debt financings, as well as numerous mergers and acquisitions.
Alphatec Spine, Inc. Announces Preliminary Estimated Revenue Results for the Third Quarter Ended September 30, 2015 (Nass) Meeting in Chicago, Illinois
Oct 13 15
Alphatec Spine, Inc. announced preliminary estimated revenue results for the third quarter ended September 30, 2015. For the quarter, the company expects to report total revenue of approximately $43.0 million. U.S. revenue of approximately $27.4 million and international revenue of approximately $15.6 million.
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