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Surgalign Holdings, Inc. Announces First Quarter 2021 Results


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DEERFIELD, Ill., May 10, 2021 (GLOBE NEWSWIRE) Surgalign Spine Technologies, (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digital surgery, today reported operating results for the first quarter of 2021.
Highlights:
Total global spine revenue of $23.3 million, compared to $27.1 million in the first quarter of 2020
Net loss from continuing operations of $15.2 million inclusive of approximately $3.2 million of non-recurring charges
Adjusted EBITDA loss of $9.8 million, compared to a loss of $20.1 million in the first quarter of 2020
Appointed Marc Mackey as Executive Vice President, Digital Surgery
Submitted premarket notification, 510(k) for the Holo Surgical intelligent guidance system ....

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