Latest news with #ATEC
Morocco World
6 days ago
- Politics
- Morocco World
NGO ATEC Warns of Growing Online Bullying Against Women, Girls in Morocco
Rabat – The Tahadi Association for Equality and Citizenship (ATEC) warned against the growing online bullying against women and girls in Morocco. In a statement on Monday, the association expressed its 'deep concern' about the situation, describing bullying as a form of digital crime that is increasingly being perpetrated through online spaces and platforms. 'Over the past few months, this phenomenon has become one of the most widespread and socially tolerated practices among users of social media and digital networks,' the NGO wrote, saying that similar acts remain decriminalized. The NGO warned of the dangerous consequences associated with such acts, stressing that bullying could lead to suicide attempts as a desperate response to injustice. It also warned of the absence of legal regulation around bullying, citing practices that affect women and girls, such as the sharing of photos or videos of individuals alongside offensive remarks. These practices often fall short of the legal threshold for defamation or insult, it said, recalling its appeal for the adoption of a draft law targeting digital violence against women and girls online. The need to criminalize bullying The association deemed initiatives seeking to amend Law 103.13 as insufficient, particularly in light of behaviors that threaten the fundamental right to life. Law 103.13, which was enacted in 2018, is part of Morocco's efforts to combat gender-based violence. It seeks to address critical issues affecting women's safety and well-being. However, the law faced criticism from rights groups, particularly women, for falling short of tackling gender-based violence effectively. The NGO urged executive authorities to update the legal framework by pushing for a clear legislative framework that criminalizes bullying alongside other forms of digital crime. Morocco has been pledging to strengthen legislation to combat in-person and digital crimes like bullying. Last year, Morocco's Ministry of Education announced a training program seeking to help teachers with the know-how to address cyberbullying and bullying in Moroccan schools. In March this year, Morocco's High Commission for Planning (HCP) said that cyberviolence affected at least 282,000 victims, with a prevalence rate of 29.4%. The data compiles statistics from key findings from a 2019 survey on violence against young girls in Morocco. Tags: bullyingCyberbullying
Yahoo
03-08-2025
- Business
- Yahoo
Alphatec (ATEC) Soars 27% on Raised Growth Outlook
We recently published Alphatec Holdings, Inc. (NASDAQ:ATEC) is one of the companies that stood stronger last week. Alphatec Holdings jumped by 27.26 percent week-on-week as investor sentiment was bolstered by a higher growth outlook despite a weak earnings performance in the second quarter of the year. For full year 2025, Alphatec Holdings, Inc. (NASDAQ:ATEC) said it now expects revenues to grow by 21 percent to $742 million, as compared with the $734 million expected previously. This includes surgical revenue of $666 million and EOS revenue of $76 million. Meanwhile, adjusted EBITDA is now expected at $83 million, as compared with the $78 million expected previously. In the second quarter, however, Alphatec Holdings, Inc. (NASDAQ:ATEC) widened its net loss by 1.13 percent to $41.18 million from $40.68 million in the same period last year. This pushed its six-month net loss higher by 4.49 percent at $93 million versus $89 million year-on-year. In the second quarter, revenues increased by 27 percent to $185 million from $145 million, while revenues for the first six months increased by 25 percent to $354.7 million from $284 million year-on-year. While we acknowledge the potential of ATEC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
Alphatec Holdings Second Quarter 2025 Earnings: Revenues Beat Expectations, EPS Lags
Alphatec Holdings (NASDAQ:ATEC) Second Quarter 2025 Results Key Financial Results Revenue: US$185.5m (up 28% from 2Q 2024). Net loss: US$41.1m (loss widened by 1.1% from 2Q 2024). US$0.27 loss per share. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Alphatec Holdings Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 43%. Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Performance of the American Medical Equipment industry. The company's shares are up 27% from a week ago. Risk Analysis We should say that we've discovered 2 warning signs for Alphatec Holdings (1 is potentially serious!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Business Insider
02-08-2025
- Business
- Business Insider
Alphatec Holdings (ATEC) Gets a Buy from Canaccord Genuity
In a report released today, Caitlin Cronin from Canaccord Genuity maintained a Buy rating on Alphatec Holdings, with a price target of $20.00. The company's shares closed today at $13.77. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Cronin is a 2-star analyst with an average return of 0.5% and a 45.74% success rate. Cronin covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Vericel, and Orthofix. In addition to Canaccord Genuity, Alphatec Holdings also received a Buy from Lake Street's Ben Haynor in a report issued today. However, on July 30, TR | OpenAI – 4o reiterated a Hold rating on Alphatec Holdings (NASDAQ: ATEC). Based on Alphatec Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $169.18 million and a GAAP net loss of $51.91 million. In comparison, last year the company earned a revenue of $138.48 million and had a GAAP net loss of $48.5 million Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATEC in relation to earlier this year. Most recently, in May 2025, Scott Lish, the COO of ATEC sold 12,000.00 shares for a total of $145,440.00.
Business Wire
31-07-2025
- Business
- Business Wire
ATEC Reports Second Quarter 2025 Financial Results and Raises Full-Year Guidance
CARLSBAD, Calif.--(BUSINESS WIRE)--Alphatec Holdings, Inc. (Nasdaq: ATEC), a spine-focused provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, today announced financial results for the quarter ended June 30, 2025, and recent corporate highlights. Second Quarter 2025 Financial Results Recent Highlights Surgical revenue of $168 million grew by 29% on continued momentum of PTP™ and LTP™ Achieved 21% growth in new surgeon adoption, a key leading indicator of future growth Delivered adjusted EBITDA margin of 13% expanding by 880 bps YoY in the quarter through disciplined execution Trailing twelve months of adjusted EBITDA improved to $62 million Inflected to non-GAAP net income profitability Generated $5 million of free cash flow 'I'm proud of the ATEC Family for executing yet another strong quarter,' said Pat Miles, Chairman and Chief Executive Officer. 'Six years of uninterrupted industry-leading growth has demonstrated that the spine market needs ATEC. While much of the industry wrestles with disruption and distraction, we continue to relentlessly architect procedural solutions that drive clinical distinction and more predictable surgical outcomes. The ecosystem we've invested in is only beginning to show its influence, but its impact is unmistakable: durable growth, at multiples of the market, leading to a clear financial inflection. At ATEC, we're not just participating in this market; we're revolutionizing it.' Financial Outlook for the Full Year 2025 For the fiscal year ending December 31, 2025, the Company now expects total revenue to grow 21% to $742 million compared to the previous expectation of $734 million. This includes surgical revenue of $666 million and EOS revenue of $76 million. The Company now expects non-GAAP adjusted EBITDA of approximately $83 million compared to the previous expectation of $78 million. Financial Results Webcast ATEC will present these results via a live webcast today at 1:30 p.m. PT / 4:30 p.m. ET. The live webcast can be accessed by visiting the Investor Relations Section of ATEC's Corporate Website. To dial into the live webcast please register at this link. Access details will be shared via email. A replay of the webcast will remain available through the Investor Relations Section of ATEC's Corporate Website for twelve months. Non-GAAP Financial Information To supplement the Company's financial statements presented in accordance with generally accepted accounting principles in the United States of America (GAAP), the Company reports certain non-GAAP financial measures listed below under 'Non-GAAP Financial Measures'. The Company believes that these non-GAAP financial measures provide investors with an additional tool for evaluating the Company's core performance, which management uses in its own evaluation of continuing operating performance, and a baseline for assessing the Company's future earnings potential. The Company's non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in the Company's industry, as other companies in the industry may calculate non-GAAP financial measures differently, particularly related to non-recurring, unusual items. Non-GAAP financial measures should be considered in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. We have not reconciled our non-GAAP financial measures for the full year 2025 because certain items that impact these figures are either uncertain or outside our control and cannot be reasonably predicted. Accordingly, a reconciliation of forward-looking non-GAAP financial measures is not available. Included below are definitions of the non-GAAP financial measures the Company uses: Non-GAAP Financial Measures Free cash flow: Calculated by subtracting capital expenditures from cash flow provided by or used in operating activities. Management uses free cash flow to measure progress on its capital efficiency and cash flow initiatives. Non-GAAP Gross Profit and Non-GAAP Gross Margin: Non-GAAP gross profit represents GAAP gross profit with adjustments to exclude the impact of certain items recorded to cost of goods sold. Such potential adjustments are described within the section below under "Non-GAAP Adjustments" and included in the non-GAAP reconciliation attached below. Non-GAAP gross margin represents non-GAAP gross profit as a percentage of GAAP net sales. Non-GAAP Operating Expenses: Non-GAAP operating expenses represent GAAP operating expenses, such as sales, general, and administrative expense, and research and development expense, with adjustments to exclude the impact of certain items recorded in GAAP operating expenses. Such potential adjustments are described within the section below under "Non-GAAP Adjustments" and included in the non-GAAP reconciliation attached below. Non-GAAP Net Income (Loss) and Non-GAAP EPS: Non-GAAP net income (loss) represents GAAP net loss with adjustments to exclude the impact of certain items recorded in GAAP net loss. Such potential adjustments are described within the sections below under "Non-GAAP Adjustments" and included in the non-GAAP reconciliation attached below. Non-GAAP EPS represents non-GAAP net income (loss) divided by weighted average shares outstanding. EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin: EBITDA represents earnings before non-operating income/expense, taxes, depreciation and amortization. Adjusted EBITDA consists of EBITDA with adjustments to exclude certain items described within the section below under "Non-GAAP Adjustments" and included in the non-GAAP reconciliation attached below. Adjusted EBITDA margin represents adjusted EBITDA as a percentage of GAAP net sales. Non-GAAP Adjustments The Company's non-GAAP financial measures reflect the exclusion of the following items: Amortization of acquired intangible assets: Represents amortization expense associated with intangible assets including, but not limited to customer relationships, intellectual property, and trade names acquired in business combinations and asset acquisitions. This adjustment does not include amortization from other intangibles. Litigation-related expenses: We are involved in various litigation matters that from time-to-time result in settlements. Litigation matters can vary in their characteristics, frequency and significance to our operating results and core business operations. We review litigation matters from both a qualitative and quantitative perspective to determine whether such matters are a normal and recurring part of our business. We include in our GAAP financial statements litigation fees and settlement expenses that we determine to be normal, recurring and routine to our business. When we determine that certain litigation matters are not normal and recurring to our core business operations, we believe excluding these expenses will provide our management and investors with useful incremental information. Litigation fees and settlement expenses excluded from our non-GAAP financial measures in the periods presented relate primarily to patent litigation and other litigation matters that relate directly to the business transformation that we started in 2018 and are discussed more fully in our periodic reports filed with the Securities and Exchange Commission. Purchase accounting adjustments on acquisitions: Includes non-cash expenses incurred as a result of fair value step-ups associated with tangible assets acquired in business combinations or asset acquisitions. Restructuring expenses: From time-to-time, in order to realign the Company's operations or to realize synergies from acquisitions, the Company may eliminate roles or restructure its operations and footprint. In such cases the Company may incur one-time severance and personnel costs associated with workforce reductions, or costs associated with exiting and/or relocating facilities. We exclude these costs as we do not consider such amounts to be part of the ongoing operations. Stock-based compensation: Stock-based compensation is charged to cost of revenue and operating expenses. We exclude stock-based compensation from certain of our non-GAAP financial measures because we believe that excluding these non-cash expenses provides meaningful supplemental information regarding operational performance. Because of the variety of equity awards used by companies, the varying methodologies for determining stock-based compensation expense, the subjective assumptions involved in those determinations, and the volatility in valuations that can be driven by market conditions outside the Company's control, the Company believes excluding stock-based compensation expense enhances the ability of management and investors to understand and assess the underlying performance of its business over time. Transaction-related expenses: Represent one-time costs incurred in connection with business combinations, asset acquisitions, or debt financing and modification activities. These expenses may include, but are not limited to, legal and advisory fees, due diligence costs, contract termination charges, and other third-party expenses directly related to the planning or execution of these transactions. We exclude these costs because they can vary significantly from period to period and are not indicative of the underlying trends in our core business. Foreign currency exchange impact: Gains and losses related to foreign currency transactions, which are recorded as other income (expense), net. Management excludes these items when evaluating the Company's operating results as they are primarily non-cash and non-operating in nature. Loss on debt extinguishment: Represents charges recognized in connection with the early repayment, refinancing, or settlement of debt, including write-offs of unamortized debt discounts, premiums, or deferred financing costs, and any associated prepayment penalties. We exclude these items from non-GAAP results because they are non-recurring in nature, not indicative of ongoing operating performance, and can vary significantly from period to period based on financing activity. Loss (gain) on derivative liability: Represents non-cash fair value adjustments associated with embedded derivative features related to our convertible debt. These mark-to-market changes are driven by fluctuations in our stock price and other valuation inputs, and do not reflect current operating performance. We exclude these amounts from non-GAAP results because they are non-cash, volatile, and unrelated to the company's core business operations. Non-cash interest expense: Consists primarily of interest expense related to the amortization of debt discounts, deferred financing costs, and other non-cash components associated with our convertible notes and other long-term debt instruments. We exclude this item from non-GAAP net income because it is non-cash in nature and does not reflect our core operating performance or current period cash expenditures. Long-term income tax rate adjustment: The Company employs a structural long-term projected non-GAAP income tax rate of 26% for greater consistency across reporting periods. This long-term projected non-GAAP tax rate reflects historical and expected tax positions and excludes any benefit from deferred tax assets or valuation allowance changes. The long-term rate considers various factors, including the Company's anticipated tax structure, its tax positions in different jurisdictions, and current impacts from key U.S. legislation where the Company operates. We will reevaluate this tax rate, as necessary, for events such as major changes in the U.S. tax environment, substantial changes in the Company's geographic earnings mix due to acquisition activity, or other shifts in the Company's strategy or business operations. Other non-recurring expenses: These represent items that are unusual or infrequent in nature and that we believe are not indicative of our ongoing operating performance. Examples may include discrete costs associated with tax strategy implementation or one-time expenses related to customer restructuring or reorganization events. We evaluate such items based on their nature and significance and disclose material adjustments in our non-GAAP reconciliations. About Alphatec Holdings, Inc. ATEC, through its wholly owned subsidiaries, Alphatec Spine, Inc., EOS imaging S.A.S. and SafeOp Surgical, Inc., is a medical device company dedicated to revolutionizing the approach to spine surgery through clinical distinction. ATEC's Organic Innovation Machine ™ is focused on developing new approaches that integrate seamlessly with the Company's expanding InformatiX ™ platform to better inform surgery and more safely and reproducibly achieve the goals of spine surgery. ATEC's vision is to be the Standard Bearer in Spine. For more information, visit us at Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company cautions investors that there can be no assurance that actual results will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. Forward-looking statements include, but are not limited to: references to the Company's revenue, balance sheet, growth, and financial outlook and commitments; and the Company's ability to compel surgeon adoption and drive procedural growth. Important factors that could cause actual operating results to differ significantly from those expressed or implied by such forward-looking statements include, but are not limited to: the uncertainty of success in developing new products or products currently in the pipeline; the uncertainties in the Company's ability to execute upon its strategic operating plan; the uncertainties regarding the ability to successfully license or acquire new products, and the commercial success of such products; failure to achieve acceptance of the Company's products by the surgeon community; failure to obtain FDA or other regulatory clearance or approval or unexpected or prolonged delays in the process; continuation of favorable third-party reimbursement; unanticipated expenses or liabilities or other adverse events affecting cash flow or the Company's ability to achieve profitability; uncertainty of additional funding and the form of such funding; product liability exposure; an unsuccessful outcome in any litigation; patent infringement claims; claims related to the Company's intellectual property; and the Company's ability to meet its financial obligations. A further list and description of these and other factors, risks and uncertainties can be found in the Company's most recent annual report, and any subsequent quarterly and current reports, filed with the U.S. Securities and Exchange Commission. ATEC disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law. Alphatec Holdings, Inc. Condensed Consolidated Balance Sheets (in thousands) June 30, 2025 December 31, 2024 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 157,063 $ 138,840 Accounts receivable, net 95,919 82,987 Inventories 169,760 175,264 Prepaid expenses and other current assets 20,584 20,308 Total current assets 443,326 417,399 Property and equipment, net 139,729 156,394 Right-of-use assets 33,921 34,701 Goodwill 75,218 70,976 Intangible assets, net 95,593 93,518 Other assets 2,506 2,722 Total assets $ 790,293 $ 775,710 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current liabilities: Accounts payable $ 47,240 $ 52,984 Accrued expenses and other current liabilities 87,013 81,466 Contract liabilities 11,497 10,467 Short-term debt 1,929 1,656 Current portion of operating lease liabilities 6,505 6,453 Total current liabilities 154,184 153,026 Total long-term liabilities 588,735 613,250 Redeemable preferred stock 23,603 23,603 Stockholders' equity (deficit) 23,771 (14,169 ) Total liabilities and stockholders' equity (deficit) $ 790,293 $ 775,710 Expand Alphatec Holdings, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) Gross profit, GAAP $ 129,101 $ 102,594 $ 245,097 $ 199,945 Add: amortization of intangible assets 64 307 114 614 Add: stock-based compensation 553 554 3,596 1,037 Add: purchase accounting adjustments on acquisitions — 197 — 197 Non-GAAP gross profit $ 129,718 $ 103,652 $ 248,807 $ 201,793 Gross margin, GAAP 69.6 % 70.5 % 69.1 % 70.4 % Add: amortization of acquired intangible assets 0.0 % 0.2 % 0.0 % 0.2 % Add: stock-based compensation 0.3 % 0.4 % 1.0 % 0.4 % Add: purchase accounting adjustments on acquisitions 0.0 % 0.1 % 0.0 % 0.1 % Non-GAAP gross margin 69.9 % 71.2 % 70.1 % 71.0 % Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) Operating expenses, GAAP $ 142,186 $ 137,901 $ 302,473 $ 278,593 Adjustments: Stock-based compensation (15,071 ) (16,406 ) (34,346 ) (33,245 ) Litigation-related expenses (1,593 ) (2,090 ) (13,807 ) (6,518 ) Amortization of acquired intangible assets (3,803 ) (3,836 ) (7,456 ) (7,690 ) Transaction-related expenses — — — 117 Restructuring expenses (7 ) (139 ) (378 ) (927 ) Other non-recurring expenses — (1,608 ) — (1,608 ) Expand Alphatec Holdings, Inc. Reconciliation of Non-GAAP Financial Measures (in thousands) Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) Net loss, GAAP $ (41,144 ) $ (40,680 ) $ (93,051 ) $ (89,175 ) Cash interest expense, net 5,289 4,754 10,645 9,037 Noncash interest expense, net 7,020 1,061 9,505 2,119 Loss on debt extinguishment — — 17,576 — Gain on derivative liability 16,780 — (620 ) — Other expense (income), net (993 ) (156 ) (1,330 ) (274 ) Income tax benefit (37 ) (286 ) (101 ) (355 ) Depreciation 15,012 15,735 30,766 29,459 Amortization expense 4,316 4,143 8,469 8,304 EBITDA 6,243 (15,429 ) (18,141 ) (40,885 ) Add back significant items: Stock-based compensation 15,624 16,960 37,942 34,282 Purchase accounting adjustments on acquisitions — 197 — 197 Litigation-related expenses 1,593 2,090 13,807 6,518 Transaction-related expenses — — — (117 ) Restructuring expenses 7 139 378 927 Other non-recurring expenses — 1,608 — 1,608 Adjusted EBITDA $ 23,467 $ 5,565 $ 33,986 $ 2,530 Adjusted EBITDA margin 12.6 % 3.8 % 9.6 % 0.9 % Adjusted EBITDA margin expansion 880 bps 870 bps Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 (unaudited) Net loss, GAAP $ (41,144 ) $ (40,680 ) $ (93,051 ) $ (89,175 ) Stock-based compensation 15,624 16,960 37,942 34,282 Amortization of acquired intangible assets 3,867 4,143 7,570 8,304 Restructuring expenses 7 139 378 927 Transaction-related expenses — — — (117 ) Litigation-related expenses 1,593 2,090 13,807 6,518 Loss on debt extinguishment — — 17,576 — Loss (gain) on derivative liability 16,780 — (620 ) — Non-cash interest expense 7,020 1,061 9,505 2,119 Foreign currency exchange impact (308 ) (44 ) (619 ) (163 ) Long-term income tax rate adjustment (848 ) 4,606 2,080 10,054 Weighted average shares outstanding, basic and diluted 149,907 142,687 148,337 141,845 Expand
