Alphatec Spine Reports 1Q19 Revenue of $24.6MM, +15.3% vs. 1Q18

by Mike Evers on May 15, 2019

Alphatec Spine reports 1Q19 revenue of USD $24.6MM, +15.3% vs. 1Q18.

Continued to update legacy-heavy portfolio with three new releases: the IdentiTi ACDF, the IdentiTi PLIF system and AlphaGRAFT DBM Fiber
Received FDA clearance for SafeOP neuromonitoring system
New products contributed 22% of U.S. revenue for the...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

	1Q19	1Q18	$ Chg	% Chg
Spine	$22.3	$19.3	$2.9	15.2%
Orthobiologics	$2.3	$2.0	$0.3	16.5%
Total	$24.6	$21.3	$3.3	15.3%

Geographic Region	1Q19	1Q18	$ Chg	% Chg
US	$23.0	$19.2	$3.8	19.6%
Ex-US	$1.6	$2.1	-$0.5	-23.8%
Total	$24.6	$21.3	$3.3	15.3%

1Q19	Amount	% of Sales
Sales	$24.6
Cost of Sales	-$8.0	32.5%
Selling and Admin	-$21.0	85.5%
R & D	-$3.5	14.1%
Other	-$5.1	20.6%
Net Earnings	-$13.0	-52.8%

	1Q19	1Q18	$ Chg	% Chg
Spine	$22.3	$19.3	$2.9	15.2%
Orthobiologics	$2.3	$2.0	$0.3	16.5%
Total	$24.6	$21.3	$3.3	15.3%

Geographic Region	1Q19	1Q18	$ Chg	% Chg
US	$23.0	$19.2	$3.8	19.6%
Ex-US	$1.6	$2.1	-$0.5	-23.8%
Total	$24.6	$21.3	$3.3	15.3%

Alphatec Spine Reports 1Q19 Revenue of $24.6MM, +15.3% vs. 1Q18

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