NASDAQ$ATEC

Alphatec Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

ATEC reported financial results for the first quarter of 2020, highlighting U.S. revenue growth driven by new product adoption and an additional capital commitment to support continued execution.

Alphatec Holdings, Inc. reported a total revenue of $30.1 million for Q1 2020, with U.S. revenue reaching $29.1 million, a 27% increase year-over-year. The company's U.S. gross margin was 72.1%, and it held $27.5 million in cash and cash equivalents as of March 31, 2020.

  • Total revenue reached $30.1 million, with U.S. revenue up 27% year-over-year.
  • U.S. gross margin stood at 72.1%.
  • Cash and cash equivalents totaled $27.5 million as of March 31, 2020.
  • New products accounted for 56% of Q1 2020 U.S. revenue, up from 22% in Q1 2019.

Headline financials

Total Revenue

$30.1M

Previous: $24.6M+22.6%
EPS (adj)

-$0.33

Previous: -$0.29-13.8%
Capital Expenditures

-$2.63M

Previous: -$1.07M-146.2%
Free Cash Flow

-$23.4M

Previous: -$14M-66.4%
Net Income

-$20.7M

Previous: -$13M-59.8%
Operating Income

-$17.8M

Previous: -$10.8M-65.4%
Gross Profit

$21M

Previous: $16.6M+26.9%
Cash & Equivalents

$27.5M

Previous: $16.4M+67.3%
Total Assets

$154M

Previous: $119M+28.8%

Revenue & EPS history

Alphatec · Revenue · Quarterly

$30.1M

Q1 2020+22.6%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Alphatec · $104M total across 1 segment · Q3 2023

  • Surgical Revenue
    $104M

Forward guidance

ATEC suspended its previously announced 2020 revenue guidance due to the impact of COVID-19 on hospitals postponing elective procedures.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-1.5%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.1%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+44.8%

Q3 2024

Best reaction

-43.2%

Q2 2010

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-27.1%-23.3%
Q4 2025+0.5%-3.3%-21.5%
Q3 2025-0.8%+17.8%+36.7%
Q1 2025+2.4%+2.2%+2.2%
Q4 2024+9.6%+6.1%-7.9%
Q3 2024+44.8%+54.2%+93.4%
Q2 2024-32.8%-33.7%-30.2%
Q1 2024-20.2%-13.3%-22.7%
Q4 2023-7.4%-11.1%-8.6%
Q3 2023+4.7%-1.5%+20.8%
Q2 2023-7.1%-10.4%-5.2%
Q1 2023+3.1%+3.8%+4.5%
Q4 2022+1.6%+7.9%+6.3%
Q3 2022-1.5%-1.4%+9.5%
Q2 2022-0.2%-3.8%-10.9%
Q1 2022-16.1%-27.7%-34.0%
Q4 2021+3.1%+3.4%+4.4%
Q3 2021-2.2%-8.2%-18.7%
Q2 2021+2.4%-5.8%-0.2%
Q1 2021-2.0%-9.1%-8.3%
Q4 2020-7.6%+4.2%-2.1%
Q3 2020+9.4%+4.7%+22.1%
Q2 2020+21.8%+5.6%+3.1%
Q1 2020-8.0%-13.9%+5.7%
Q4 2019-8.4%-20.8%-47.2%
Q3 2019+15.2%+16.1%+18.1%
Q2 2019+9.3%+8.5%+26.2%
Q1 2019+5.4%+15.8%+8.8%
Q4 2018+14.7%+16.6%+22.1%
Q3 2018-1.7%-5.6%-13.5%
Q2 2018+4.7%+15.0%+28.1%
Q1 2018-2.0%-0.9%-1.1%
Q4 2017+0.9%-5.0%+1.2%
Q3 2017-0.8%-0.6%-30.5%
Q2 2017+2.4%+2.4%+40.2%
Q1 2017+1.9%+0.0%-4.8%
Q4 2016-16.0%-27.0%-45.8%
Q3 2016-15.8%-8.0%-12.8%
Q2 2016+2.5%+0.0%-6.5%
Q1 2016-11.8%
Q4 2015-13.8%
Q3 2015+5.8%
Q2 2015-42.6%
Q1 2015+1.4%
Q4 2014+7.4%
Q3 2014-0.7%
Q2 2014+0.0%
Q1 2014+2.3%
Q4 2013+22.3%
Q3 2013-0.5%
Q2 2013-3.9%
Q1 2013-3.2%
Q4 2012+2.6%
Q3 2012-1.8%
Q2 2012-2.5%
Q1 2012-7.4%
Q4 2011-0.5%
Q3 2011-5.6%
Q2 2011-10.4%
Q1 2011+3.7%
Q4 2010+0.4%
Q3 2010-9.6%
Q2 2010-43.2%
Q1 2010+6.9%

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