Alphatec Holdings Inc. (NASDAQ:ATEC) is one of the best cheap stocks under $10 to buy in June. On May 5, Alphatec Holdings reported Q1 2026 financial results, highlighted by a 17% increase in surgical revenue and 14% growth in total revenue to $192 million. The company achieved a non-GAAP adjusted EBITDA of $21 million, an expansion of 460 basis points year-over-year, while also securing a new bank facility that reduces annual interest expenses by over $6 million and extends debt maturities to 2031.
Performance was driven by a 21% increase in surgical case volume and a 23% rise in net new surgeon users. Despite adjusting expectations for its EOS business, the company maintains confidence in its procedural ecosystem, reporting an ending cash balance of $140 million and a trailing twelve-month free cash flow of $7 million.
For the full year 2026, Alphatec Holdings Inc. (NASDAQ:ATEC) expects total revenue of approximately $882 million, reflecting 15% growth, with surgical revenue anticipated to reach $805 million. Leadership continues to project an adjusted EBITDA of approximately $134 million, or 15% of revenue, and expects to generate at least $20 million in free cash flow.
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Alphatec Holdings Inc. (NASDAQ:ATEC) is a medical technology company focused on designing, developing, and advancing surgical solutions and devices specifically for the treatment of spinal disorders. The company aims to improve outcomes in spine surgery through a combination of innovative implants, enabling technologies, and procedural solutions tailored to surgeons and patients.
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