Alphatec (ATEC) Q1 2026 Earnings Transcript
J. Todd Koning: Well, thank you, Pat, and good afternoon, everyone. I will start with first quarter 2026 revenue. Total revenue was $192 million, up 14% year over year, with surgical revenue of $178 million growing 17%. Sequentially, surgical revenue declined 6%, which was more pronounced than we have historically seen, primarily due to lower revenue-per-procedure contribution. Our strong year-over-year growth continues to be driven by the core elements of our model, which are 21% procedural volume growth, ...