Spine

Alphatec Plunges On Gloomy Outlook For Spine Market, 2Q Miss

NEW YORK (Dow Jones)–Shares of Alphatec Holdings Inc. (ATEC) plunged as the medical-device maker’s second-quarter results missed estimates, leading it to slash its full-year revenue guidance.

The company, which makes products for the surgical treatment of spine disorders, in March completed the purchase of France-based Scient’x S.A., though difficulties related to the international integration remain.

Chief Executive Dirk Kuyper said several factors contributed to the lower-than-expected results…

**SUBSCRIPTION REQUIRED**

Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

Related Articles

Back to top button