Alphatec's Q2 revenue leaps 39%

Spinal Tech

Alphatec posted $117 million in second quarter sales.

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.

 

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