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Alphatec Holdings, Inc. (ATEC) Q1 2026 Earnings Call Tran...
2026-05-06 · via All Articles on Seeking Alpha

Alphatec Holdings, Inc. (ATEC) Q1 2026 Earnings Call May 5, 2026 4:30 PM EDT

Company Participants

Patrick Miles - Chairman, CEO & President
J. Koning - Executive VP & CFO

Conference Call Participants

Mathew Blackman - TD Cowen, Research Division
K. Gong - JPMorgan Chase & Co, Research Division
Matthew Miksic - Barclays Bank PLC, Research Division
Anna Runci - Piper Sandler & Co., Research Division
David Saxon - Needham & Company, LLC, Research Division
Caitlin Cronin - Canaccord Genuity Corp., Research Division
Thomas Stephan - Stifel, Nicolaus & Company, Incorporated, Research Division
Ross Osborn
Nakul Desai
Xun Lee - H.C. Wainwright & Co, LLC, Research Division

Presentation

Operator

Good afternoon, everyone, and welcome to the webcast of ATEC's First Quarter Financial Results.

We would like to remind everyone that participants on the call will make forward-looking statements. These statements are based on current expectations and are subject to uncertainties that could cause actual results to differ materially. These uncertainties are detailed in documents filed regularly with the SEC.

During this call, you may hear the company refer to non-GAAP or adjusted measures. Reconciliation of these measures to U.S. GAAP can be found in the supplemental financial tables included in today's press release, which identify and quantify all excluded items and provide management's view of why this information is useful to investors. [Operator Instructions]

Leading today's call will be the ATEC's Chairman and CEO, Pat Miles; and CFO, Todd Koning. Now I will turn the call over to Pat Miles.

Patrick Miles
Chairman, CEO & President

Thanks, Paige. Appreciate it. Welcome to the Q1 2026 financial results call from ATEC. There will be some forward-looking statements, so please review at your leisure. With that, let me start simple. The business is working and is scaling. We did $192 million in Q1. This was short of our internal expectation, primarily due to a shortfall in EOS sales performance. Surgical revenue was up