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Stock Market & Financial Investment News

News Breaks
March 18, 2014
11:13 EDTATECAlphatec settlement with OrthoTec removes overhang, says Piper Jaffray
Piper Jaffray attributes Alphatec's slide from over $2 per share to under $1.50 to its litigation with OrthoTec and the firm says the settlement announced last night removes a significant overhang on Alphatec. Piper reiterates its Overweight rating and $3 price target on Alphatec following the settlement announcement and the company's earnings report.
News For ATEC From The Last 14 Days
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October 30, 2014
16:41 EDTATECAlphatec now sees 2014 revenue at lower end of $208M-$212M, consensus $210.13M
Expects 2014 non-GAAP Adjusted EBITDA towards the lower end of the previously established guidance range of $30M-$33M, or approximately 19%-31% over 2013.
16:40 EDTATECAlphatec reports Q3 EPS (4c), consensus (1c)
Reports Q3 revenue $51.0M, consensus $52.08M. Q3 adjusted EBITDA was $8.2M, or 16.1% of revenues, vs. $6.7M, or 13.4% of revenues a year ago.

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