Similar companies
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 146M | 5.1% |
| Gross Profit | 103M | 5.4% |
| Cost of Revenue | 43M | 4.5% |
| Operating expense | 138M | 2% |
| Net Income | -41M | 16.1% |
| EBITDA | -31M | 20.5% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 769M | 0.8% |
| Total Liabilities | 751M | 2% |
| Total Equity | 17M | 54.4% |
| Shares Outstanding | 143M | 0.4% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | -11M | 70.4% |
| Cash from investing | -36M | 6.8% |
| Cash from financing | 3.2M | 174.2% |
EPS
Financial Highlights for Alphatec Holdings in Q2 '24
Alphatec Holdings reported a revenue of 146M, which is a 5.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 103M, marking a 5.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 43M, a 4.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 138M, showing a -2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -41M, showing a 16.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -31M, showing a 20.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Alphatec Holdings with growth in revenue, gross profit, and net income.
