Alphatec’s second quarter total revenue reached $186 million, an increase of 27.5% year over year, according to financial results posted July 31.
Four things to know:
1. Surgical revenue in the second quarter was $168 million, a 29% increase year over year.
2. Alphatec reached 21% year over year growth in new surgeon adoption during the second quarter.
3. The company generated $5 million of free cash flow.
4. The company raised its full-year guidance and expects 21% full year revenue growth with $742 million.
