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Alphatec (NASDAQ:ATEC – Get Free Report) posted its quarterly earnings data on Thursday. The medical technology company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.08. The company had revenue of $185.54 million during the quarter, compared to analyst estimates of $178.85 million. Alphatec had a negative return on equity of 1,657.19% and a negative net margin of 24.33%. The firm’s quarterly revenue was up 27.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.29) earnings per share.
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Alphatec (NASDAQ:ATEC) Issues Quarterly Earnings Results
