Alphatec Spine First Quarter 2009 Revenue and Financial Results
Alphatec Spine reported record consolidated revenue of $30.6 million reported in 1Q:09, which represents 32% growth over 1Q:08 and 8% sequential growth over revenues reported in 4Q:08. U.S. revenue growth of 28% over prior year was approximately three times greater than U.S. spine market growth. Adjusted EBITDA reached $1.4 million in the first quarter 2009, reflecting strong operating leverage.
