Alphatec Holdings, Inc. (ATEC) CEO Patrick Miles on Q3 2021 Results - Earnings Call Transcript

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Q3: 2021-11-04 Earnings Summary

EPS of -$0.43 misses by $0.18
 | Revenue of $62.88M (52.76% Y/Y) beats by $3.69M

Alphatec Holdings, Inc. (NASDAQ:ATEC) Q3 2021 Earnings Conference Call November 4, 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
Mathew Blackman - Stifel, Nicolaus & Company
David Saxon - Needham & Company
Matthew O'Brien - Piper Sandler & Co.
Joshua Jennings - Cowen and Company
Jason Wittes - Loop Capital Markets
Kyle Rose - Canaccord Genuity

Operator

Good afternoon, everyone, and welcome to the webcast of ATEC's Third Quarter 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 tables included in the press release, which identify and quantify all excluded items and provide management 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 very much, Ella, and welcome to the Q3 2021 conference call -- ATEC conference call. Clearly, we will be sharing some forward-looking statements, so please review at your leisure. And just kind of walk through some slides and really talk about Q3 2021 results. And the revenue for Q3 2021 was $63 million, which is a 53% year-over-year growth, with the contribution by EOS of $11 million. And I think as much as anything, it just spells out our a kind of unique positioning

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