ATEC

Cadiz Subsidiary ATEC Water Systems Awarded $5.2 Million Contract, Increases ATEC 2024 Revenue Forecast to $15 Million from $12 Million

Retrieved on: 
Lunedì, Maggio 13, 2024

LOS ANGELES, May 13, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, is pleased to announce today that the Company's water treatment operating subsidiary ATEC Water Systems, LLC ("ATEC"), a leading producer of specialized water filtration solutions for groundwater, was the successful bidder to supply water treatment filtration systems for the Cascade Groundwater Alliance treatment project in Gresham, Oregon ("Cascade Project"). Under the terms of the award, ATEC will manufacture 140 filters to remove manganese from local groundwater for a total gross contract value of approximately $5.2 million. The filters are anticipated to be delivered over the next 12 months.

Key Points: 
  • Under the terms of the award, ATEC will manufacture 140 filters to remove manganese from local groundwater for a total gross contract value of approximately $5.2 million.
  • "Addressing the growing threat of groundwater contamination is the key to making the human right to water a reality for all.
  • We welcome the opportunity to support the Cascade project and improve access to clean water in Gresham."
  • Cadiz acquired ATEC in a 2022 asset acquisition for $2 million and today expects gross ATEC segment revenues to reach $15 million in 2024, revised upward from $12 million.

ATEC Reports First Quarter 2024 Financial Results and Raises Full-Year Guidance

Retrieved on: 
Martedì, Maggio 7, 2024

“The time to be spine’s most innovative pure play could not be better,” said Pat Miles, Chairman and Chief Executive Officer.

Key Points: 
  • “The time to be spine’s most innovative pure play could not be better,” said Pat Miles, Chairman and Chief Executive Officer.
  • ATEC will present these results via a live webcast today at 1:30 p.m. PT / 4:30 p.m.
  • Non-GAAP financial results should be considered in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
  • Included below are reconciliations of the non-GAAP financial measures to the comparable GAAP financial measures.

ATEC to Present at Upcoming Conferences

Retrieved on: 
Giovedì, Maggio 2, 2024

Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that management will participate in the following investor conferences:

Key Points: 
  • Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that management will participate in the following investor conferences:
    The Bank of America Healthcare Conference at the Encore Hotel in Las Vegas, NV, on May 15, 2024, at 1:40pm PT
    The Barclays MedTech West Coast Bus Tour at the Fairmont Grand in Del Mar, CA, on May 20, 2024, at 8:00am PT
    The Wells Fargo West Coast MedTech Tour at the Lodge at Torrey Pines in La Jolla, CA, on May 30, 2024, at 11:40am PT
    The Jefferies Health Care Conference in New York, NY, on June 5, 2024, at 4:00pm ET
    As an inducement material to accepting employment with the Company, and in accordance with Nasdaq Listing Rule 5635(c)(4), ATEC today announced that the independent Compensation Committee of the Board of Directors has approved aggregate grants to 14 new employees (who are not executive officers) of, collectively, 14,024 restricted stock units (“RSUs”) under the Company’s 2016 Employment Inducement Award Plan.
  • The RSUs will vest in equal annual installments on each of the first four anniversaries of the grant date, provided that the recipient remains continuously employed by ATEC as of such vesting date.
  • In addition, the RSUs will vest fully upon a change of control of ATEC.

ATEC to Report First Quarter Financial Results on May 7, 2024

Retrieved on: 
Mercoledì, Aprile 17, 2024

Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that it will report first quarter 2024 financial results on May 7, 2024, after the market close.

Key Points: 
  • Alphatec Holdings, Inc. (Nasdaq: ATEC), a provider of innovative solutions dedicated to revolutionizing the approach to spine surgery, announced today that it will report first quarter 2024 financial results on May 7, 2024, after the market close.
  • The Company will host a live webcast that day at 1:30 p.m. PT / 4:30 p.m.
  • A replay of the webcast will remain available through the Investor Relations Section of ATEC’s Corporate Website for twelve months.
  • In addition, the RSUs will vest fully upon a change of control of ATEC.

Spineology® Appoints new Member to Leadership Team; Spine Veteran Emory Rooney joins as Executive Vice President of Sales

Retrieved on: 
Giovedì, Aprile 4, 2024

Spineology Inc. ("Spineology" or the "Company"), the leader in ultra-minimally invasive spine surgery, announced today the addition of Emory Rooney as Executive Vice President, Sales.

Key Points: 
  • Spineology Inc. ("Spineology" or the "Company"), the leader in ultra-minimally invasive spine surgery, announced today the addition of Emory Rooney as Executive Vice President, Sales.
  • Rooney comes to Spineology with extensive spine sales experience, having served in Medical Device fields related to spinal implants and navigation for nearly 20 years.
  • “The addition of Emory adds even further conviction about our clear opportunity for growth at Spineology,” said Brian Snider, Chief Executive Officer at Spineology.
  • Prior to joining Spineology, Mr. Rooney spent nearly six years with Alphatec Spine (Nasdaq: ATEC), where he served as the Vice President of Sales, East.

ATEC Reports Fourth Quarter and Full-Year 2023 Financial Results and Recent Corporate Highlights

Retrieved on: 
Martedì, Febbraio 27, 2024

We are all systems go in the pursuit of ATEC’s best, which is yet to come."

Key Points: 
  • We are all systems go in the pursuit of ATEC’s best, which is yet to come."
  • Non-GAAP financial results should be considered in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
  • Included below are reconciliations of the non-GAAP financial measures to the comparable GAAP financial measures and a discussion of the Company’s non-GAAP definitions.
  • In addition, the RSUs will vest fully upon a change of control of ATEC.

ATEC America Shows LC71AR True Cash Management Machine at ATMIA

Retrieved on: 
Mercoledì, Febbraio 14, 2024

Today, ATEC America , a leading cash automation solution specialist with a full line of transaction automation and cash recycling technology, debuted the LC71AR back-office recycler at the ATMIA conference in Las Vegas.

Key Points: 
  • Today, ATEC America , a leading cash automation solution specialist with a full line of transaction automation and cash recycling technology, debuted the LC71AR back-office recycler at the ATMIA conference in Las Vegas.
  • ATEC’s LC71AR will be available along with other ATEC models for demonstration throughout the ATMIA 2024 conference.
  • ATEC continues to introduce user-friendly solutions based on smart technology and efficient methods for counting, making change and reducing cash loss.
  • The ATMIA conference provides industry leaders with the opportunity to exchange best practices, new tools and promotes industry visibility.

ATEC to Present at Upcoming Conferences

Retrieved on: 
Lunedì, Gennaio 29, 2024

Further detail can be found on ATEC’s Investor Relations website .

Key Points: 
  • Further detail can be found on ATEC’s Investor Relations website .
  • As an inducement material to accepting employment with the Company, and in accordance with Nasdaq Listing Rule 5635(c)(4), ATEC today announced that the independent Compensation Committee of the Board of Directors has approved aggregate grants to 58 new employees (who are not executive officers) of, collectively, 192,482 restricted stock units (“RSUs”) under the Company’s 2016 Employment Inducement Award Plan.
  • Of those RSUs, 178,780 will vest in equal annual installments on each of the first four anniversaries of the grant date and 13,702 will vest in equal annual installments on each of the first three anniversaries of the grant date provided, in each instance, that the recipient remains continuously employed by ATEC as of such vesting date.
  • In addition, the RSUs will vest fully upon a change of control of ATEC.

US Aviation Academy Launches New Campus in Atlanta, Georgia

Retrieved on: 
Martedì, Gennaio 23, 2024

ATLANTA, Jan. 23, 2024 /PRNewswire-PRWeb/ -- US Aviation Academy's third FAA Airframe and Powerplant (A&P) training location has launched in Atlanta, just a few miles south of Hartsfield–Jackson Atlanta International Airport. This FAA Part 147 approved aircraft mechanic school will host its first class in January 2024. The A&P program is 12 months, compared to other programs typically lasting two years. Training includes hands-on shop time with removing, rebuilding, fabricating, troubleshooting various aircraft components, along with theory and lecture classes. US Aviation provides its students with all books, tools, and materials necessary for training. Students even get to work on Lear Jets and Boeing 747 engines! Those interested in applying can do so through the school website at USAviationAcademy.com.

Key Points: 
  • US Aviation Academy's third FAA Airframe and Powerplant (A&P) training location has launched in Atlanta, just a few miles south of Hartsfield–Jackson Atlanta International Airport.
  • ATLANTA, Jan. 23, 2024 /PRNewswire-PRWeb/ -- US Aviation Academy's third FAA Airframe and Powerplant (A&P) training location has launched in Atlanta, just a few miles south of Hartsfield–Jackson Atlanta International Airport.
  • US Aviation provides its students with all books, tools, and materials necessary for training.
  • Graduates from US Aviation Academy can look forward to entering a prosperous aircraft maintenance technician career in just 12 months.

ATEC America Debuts LC71AR at NRF 2024

Retrieved on: 
Domenica, Gennaio 14, 2024

Today, ATEC America , a leading cash automation solution specialist, unveiled its new LC71AR back-office recycler at NRF ‘24.

Key Points: 
  • Today, ATEC America , a leading cash automation solution specialist, unveiled its new LC71AR back-office recycler at NRF ‘24.
  • View the full release here: https://www.businesswire.com/news/home/20240114344437/en/
    The ATEC LC71AR for easy retail cash management (Photo: Business Wire)
    “The ATEC LC71AR speeds up the cash handling process for back offices in retail settings,” stated Vice President of Business Development at ATEC America, Michael Bodine.
  • Developed by ATEC AP for ATEC America, this ‘self-service’ system meticulously considers convenience, security and scalability.
  • The LC71AR back-office recycler is engineered around:
    To preview the LC71AR and other ATEC America products at the NRF show, visit booth 760 for a live demonstration.