Alphatec Holdings, Inc. (ATEC) CEO Patrick Miles on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-08-06 Earnings Summary

EPS of -$0.25 beats by $0.04
 | Revenue of $29.63M (8.46% Y/Y) beats by $12.02M

Alphatec Holdings, Inc. (NASDAQ:ATEC) Q2 2020 Earnings Conference Call August 6, 2020 4:30 PM ET

Company Participants

Patrick Miles - Chairman & Chief Executive Officer
Jeff Black - Executive Vice President & Chief Financial Officer

Conference Call Participants

Brooks O'Neil - Lake Street Capital Markets
Jason Wittes - Northland Capital
Kyle Rose - Canaccord Genuity
Sean Lee - H.C. Wainwright

Operator

Good afternoon everyone, and welcome to Alphatec's Second Quarter 2020 Financial Results and Recent Corporate Highlights Announcement.

We would like to remind everyone that participants on the call will make forward-looking statements. These statements are based on current expectations and are subject to uncertainties that could cause actual results to differ materially. These uncertainties are detailed in documents filed regularly with the SEC. During this call, you may hear the company refer to reported amounts, which are in accordance with US GAAP as well as non-GAAP or pro forma measures. Reconciliations of non-GAAP measures to US GAAP can be found in the supplemental financial tables included in the press release, which identify and quantify all excluded items and provide management's view of why this information is useful to investors.

Joining us on the call today will be ATEC's Chairman and CEO, Pat Miles, and CFO, Jeff Black. Now, I will turn the call over to Pat Miles, Chairman and CEO of Alphatec Spine.

Patrick Miles

Good afternoon, everybody. Welcome to the second quarter ATEC conference call. I'm coming up on my three-year anniversary in October and really wanted to share with everyone some of our learnings around the transformation of ATEC. When I arrived, I was told that as all we needed to do is transform the sales force and all would be well. The reality is that it's never that simple.

In our second investor call, we outlined three

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