Originally published Monday, November 9, 2009 at 9:50 AM

Comments (0) E-mail article Print view Share

Alphatec posts smaller 3Q loss as sales improve

Alphatec Holdings Inc. reported a smaller third-quarter loss Monday due to improved sales of its spinal devices.

The Associated Press

CARLSBAD, Calif. —

Alphatec Holdings Inc. reported a smaller third-quarter loss Monday due to improved sales of its spinal devices.

The parent of Alphatec Spine said it lost $1.3 million, or 2 cents per share, compared with $4.9 million, or 10 cents per share, one year ago. Its revenue increased 27 percent to $32.7 million from $25.8 million. According to Thomson Reuters, analysts were expecting a loss of a penny per share and $32.9 million in revenue.

Alphatec makes products that are used in treating spine disorders, particularly conditions associated with aging. During the quarter, the company said U.S. revenue rose 21 percent to $26.1 million, and international sales jumped 52 percent to $6.6 million.

For the full year, Alphatec backed its revenue forecast of $128 million to $130 million. Analysts expect $130.2 million, on average. In afternoon trading, the company's stock rose 8 cents to $4.81.

E-mail article Print view Share

More Business & Technology

Flood fears dampen business, home sales

UPDATE - 11:22 AM
Reports on consumer confidence, GDP tug at stocks

UPDATE - 11:28 AM
Banks earn $2.8B in 3Q; FDIC says dangers persist

A Bing deal for Microsoft, News Corp.?

Amazon, Wal-Mart escalate Web price war

More Business & Technology headlines...

Comments (0)

Hide comments / Show comments

No comments have been posted to this article. Start the conversation.

Read all comments / Share your thoughts

Get home delivery today!

Video

PNW Magazine | Easy As Pie
A little friendly competition between professional pie-baker Kate McDermott and The Seatttle Times' Kathleen Triesch Saul is handled with great taste.

Real Salt Lake wins MLS Cup

Raw Video | Real Salt Lake fans celebrate

Raw Video | Real Salt Lake receives the MLS Cup trophy

Real Salt Lake fans enter Qwest Field

Raw Video | MLS Cup Opening Ceremony

LA Galaxy's David Beckham

Real Salt Lake's Kyle Beckerman

MLS trophy arrives in Seattle

Chittenden Locks Inspection

nwhomes

Find a Home

For sale
New Homes
Foreclosures

Search properties for sale

Rent a home or apartment

Post your property or rental

Open Houses

Find this weekend's open house listings.

Or search by location:

nwautos

Less is more: Group rides, good gas mileage have led to a scooter swarm in Seattlenew
Local riders say they've seen a surge in scooter interest in recent years, mostly from people wanting another commuting option. Seattle now ranks as o...
Post a comment