Alphatec: 4Q Earnings Snapshot
CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Thursday reported a loss of $17 million in its fourth quarter.
The Carlsbad, California-based company said it had a loss of 28 cents per share. Losses, adjusted for one-time gains and costs, were 12 cents per share.
The medical equipment and supplies holding company posted revenue of $32.4 million in the period.
For the year, the company reported that its loss widened to $57 million, or $1.09 per share. Revenue was reported as $113.4 million.
Alphatec expects full-year revenue in the range of $130 million to $134 million.
Alphatec shares have dropped 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.92, more than doubling in the last 12 months.
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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