Alphatec Holdings, Inc. (ATEC) CEO Patrick Miles on Q2 2021 Results - Earnings Call Transcript

Aug. 04, 2021 12:02 AM ETAlphatec Holdings, Inc. (ATEC) StockATEC
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153.96K Followers

Q2: 2021-08-03 Earnings Summary

EPS of -$0.39 misses by $0.20
 | Revenue of $62.25M (110.09% Y/Y) beats by $12.24M

Alphatec Holdings, Inc. (NASDAQ:ATEC) Q2 2021 Earnings Conference Call August 3, 2021 4:30 PM ET

Company Participants

Patrick Miles - Executive Chairman, CEO & President
Todd Koning - CFO

Conference Call Participants

Brooks O'Neil - Lake Street Capital Markets
Kyle Rose - Canaccord Genuity
Joshua Jennings - Cowen and Company
Matthew O'Brien - Piper Sandler & Co.
Jason Wittes - Northland Capital Markets
Sean Lee - H.C. Wainwright & Co.

Operator

Good afternoon, everyone, and welcome to the webcast of ATEC's Second Quarter 2021 Financial Results. 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 U.S. GAAP as well as non-GAAP or pro forma measures. Reconciliations of non-GAAP measures to U.S. GAAP can be found in the supplemental financial table 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.

Leading today's call will be ATEC's Chairman and CEO, Pat Miles; and CFO, Todd Koning.

Now, I will turn the call over to Pat Miles.

Patrick Miles

Thank you much, Pete, and welcome everybody, to the Q2 2021 financial results and update.

Clearly, we will be making some forward-looking statements. And just to jump right in, I know where we're positioned. I'd say that we are uniquely positioned for continued industry-leading growth. And I think when you start looking at the tailwinds, you have to think from a PTP perspective, we're -- I'd say we're penetrating the current market, and we're really expanding the MIS market. Now I'll go through further explanation of

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