Four things to know:
1. Quarterly sales grew 39 percent year-over-year, according to a July 30 news release.
2. Surgical revenue grew 41 percent year-over-year with $102 million.
3. The company saw a 32 percent increase in surgical volume and a 7 percent increase in average revenue per procedure year-over-year.
4. Alphatec is raising its full-year guidance and expects total revenue to grow 32 percent compared to 2022.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
