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Product / Company Performance

Alphatec Reports Preliminary 4Q17, 2017 Revenue Ranges -

Alphatec (ATEC) announced preliminary 4Q17 revenues in a range from $25.9MM to $26.3MM, with 2017 revenues in a range of $101.4MM to $101.8MM.

In 4Q, over 40% of U.S. commercial sales were generated by dedicated agents and distributors, on track with estimates announced with 3Q17 revenue. This number is an increase from 5% of sales at the beginning of 2017.

ATEC also announced new appointments to its leadership team: 

  • Lance DeNardin, Area Vice President, West, whose orthopaedic and spine company experience includes Lanx, Medtronic and Stryker
  • Michael Dendinger, Vice President of Operations, who joins from NuVasive, serving in roles from Ireland Managing Director, Supplier Chain Director and Director of Global Operations
  • Scott Lish, Vice President of Development, also joining from NuVasive, where he was most recently Director of Development

Sources: Alphatec Holdings, Inc.; ORTHOWORLD Inc.

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