CEO of Alphatec Holdings, Inc. (NASDAQ: ATEC) Comments on Second Quarter Financial Results
Alphatec Holdings, Inc. (NASDAQ: ATEC), a medical device company involved in the design, development, manufacture and marketing of products for the surgical treatment of spine disorders, recently announced its second quarter financial results. Shares of Alphatec Holdings were weaker earlier this week after the company reported a net loss for the second quarter of 2008 of $3.6 million or $0.08 per share, compared with a net loss $703,000 or $0.02 per share during the same time period one year earlier. Consolidated revenues for the second quarter of 2008 reached $23.9 million, a 26.7 percent year-over-year increase from the $18.8 million…