Stock Track | Alphatec Plunges 9.62% in Pre-market as Q4 Results Reveal Persistent GAAP Losses

Stock Track

02/25

Alphatec Holdings Inc. (ATEC) experienced a significant pre-market decline of 9.62% on Wednesday. The spine solutions provider's stock moved lower following the release of its fourth-quarter 2025 financial results.

The company reported a mixed set of figures. While Q4 revenue of $213 million slightly exceeded analyst expectations and adjusted EBITDA of $33 million also beat estimates, investors reacted negatively to the ongoing profitability challenges. Alphatec reported a GAAP net loss of $22 million for the quarter with basic earnings per share of -$0.14, along with an operating loss of $8.819 million.

Despite reporting surgical revenue growth of 21% year-over-year and reiterating its fiscal year 2026 revenue guidance of approximately $890 million, market participants appeared focused on the persistent losses at the GAAP level, driving the pre-market selloff.

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(ATEC) experienced a significant pre-market decline of 9.62% on Wednesday. The spine solutions provider's stock moved lower following the release of its fourth-quarter 2025 financial results.</p><p>The company reported a mixed set of figures. While Q4 revenue of $213 million slightly exceeded analyst expectations and adjusted EBITDA of $33 million also beat estimates, investors reacted negatively to the ongoing profitability challenges. 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