Alphatec Holdings, Inc. (ATEC) CEO Pat Mile on Q4 2021 Results - Earnings Call Transcript

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Q4: 2022-03-01 Earnings Summary

EPS of -$0.40 misses by $0.08
 | Revenue of $73.96M (68.27% Y/Y) beats by $316.50K

Alphatec Holdings, Inc. (NASDAQ:ATEC) Q4 2021 Results Conference Call March 1, 2022 4:30 PM ET

Company Participants

Pat Mile - CEO & President
Todd Koning - CFO

Conference Call Participants

Brooks O'Neil - Lake Street Capital
Matthew O'Brien - Piper Sandler
Joshua Jennings - Cowen
Mathew Blackman - Stifel
Kyle Rose - Canaccord
David Saxon - Needham
Phil Coover - Goldman Sachs
Jason Wittes - Loop Capital
Sean Lee - H.C. Wainwright

Operator

Good afternoon, everyone, and welcome to the webcast of ATEC's Fourth Quarter and Full-Year 2021 Financial Results. We would like to remind everyone that participants on the call will make forward-looking statements. These statements are based on the 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. Reconciliation 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'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.

Pat Miles

Thanks so much, Paul, and welcome, everybody, to ATEC's Q4 full-year 2021 financial results. In the call, you will find some forward-looking statements. So if you'd like to review that at your leisure, I would invite you to do so. The 2021 was a good year. I would tell you that during a pandemic year, we grew to $243 million in total revenue, which was a 68% year-over-year growth rate.

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