Alphatec Holdings Announces Fourth Quarter and Full Year 2016 Financial Results

CARLSBAD, Calif., March 15, 2017 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a provider of spinal fusion technologies, announced today financial results for the fourth quarter and full year ended December 31, 2016.

* Fourth quarter total net revenues of $27.1 million; revenue from the Company’s U.S. commercial business of $24.5 million.
* Annual total net revenues of $120.2 million; revenue from the Company’s U.S. commercial business of $106.9 million.
* Cash and cash equivalents of $19.6 million at the end of the fourth quarter.

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