Stock Track | Alphatec Plunges 10.58% After-Hours on Disappointing Q4 Earnings Miss

Stock Track

02-27

Alphatec Holdings Inc. (ATEC) experienced a significant 10.58% plunge in its stock price during the after-hours trading session on Wednesday.

The medical equipment and supplies company reported its fourth-quarter earnings results, which fell short of analysts' expectations. Despite beating revenue estimates, the company posted a quarterly loss of $0.23 per share, missing the consensus estimate of $0.19 by a substantial margin.

The disappointing earnings miss appears to be the primary driver behind Alphatec's after-hours stock price decline. While the company's revenue grew by 28.14% year-over-year to $176.79 million, exceeding expectations, the wider-than-expected loss raised concerns among investors.

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(ATEC) experienced a significant 10.58% plunge in its stock price during the after-hours trading session on Wednesday.</p>\n\n<p>The medical equipment and supplies company reported its fourth-quarter earnings results, which fell short of analysts' expectations. Despite beating revenue estimates, the company posted a quarterly loss of $0.23 per share, missing the consensus estimate of $0.19 by a substantial margin.</p>\n\n<p>The disappointing earnings miss appears to be the primary driver behind Alphatec's after-hours stock price decline. 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