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Alphatec: 2Q Earnings Snapshot

CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Wednesday reported a loss of $12.4 million in its second quarter.

The Carlsbad, California-based company said it had a loss of 27 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, were 21 cents per share.

The medical equipment and supplies holding company posted revenue of $27.3 million in the period.

Alphatec expects full-year revenue in the range of $104 million to $109 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.60. A year ago, they were trading at $2.80.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATEC at https://www.zacks.com/ap/ATEC