NasdaqGS:ATECMedical Equipment
Alphatec Holdings (ATEC) Stock Sinks As Margin Gains Fail To Convince
Alphatec Holdings just gave shareholders a jolt. The stock closed at US$9.57, down about 7.5% on the day, even though the headline from Q2 was clear. Revenue reached about US$214 million and adjusted earnings before interest, tax, depreciation and amortisation climbed to about US$36 million.
Short term traders focused on the red on the screen. Longer term investors will likely be more interested in what this quarter says about Alphatec Holdings’ push toward higher margins, sustained double...