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Alphatec reports 4Q loss

CARLSBAD, Calif. (AP) _ Alphatec Holdings Inc. (ATEC) on Wednesday reported a loss of $4.7 million in its fourth quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 56 cents. Losses, adjusted to account for discontinued operations, came to $1.21 per share.

The medical equipment and supplies holding company posted revenue of $27.1 million in the period.

For the year, the company reported that its loss narrowed to $30.3 million, or $3.57 per share. Revenue was reported as $120.2 million.

In the final minutes of trading on Wednesday, the company's shares hit $3.81. A year ago, they were trading at $3.12.


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


Keywords: Alphatec, Earnings Report