Alphatec (ATEC) Holdings announced preliminary financial results for the fourth quarter and full-year ended December 31. The Company also provided a financial outlook for full-year 2025. Cash balance as of December 31, approximated $139M , an increase of $58M compared to third quarter 2024, inclusive of $50M in proceeds related to the term loan expansion announced with the Company’s third quarter 2024 financial results. “Our dedication to revolutionizing spine surgery fueled another year of sector-leading growth and an inflection to profitability in 2024,” said Pat Miles, Chairman and Chief Executive Officer. “As we look to what is ahead, we know our best is yet to come. ATEC is uniquely applying 100% spine focus and industry-leading knowhow to avail more predictable, more durable spine care. That is generating distinction-driven demand with powerful momentum and the highly differentiated informatics integrated into ATEC approaches will sustain our competitive edge. We’re exceptionally well positioned to self-fund the strategy that will further our success.”
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