SeaSpine Holdings Corporation announced preliminary financial results for the fourth quarter and full year 2016. Preliminary and unaudited revenue for fourth quarter 2016 is expected to be in the range of $32.5 to $32.7 million, a decrease of approximately 6% compared to the prior year period.  Based on this preliminary estimate, spinal hardware revenue is expected to be approximately $15.9 million and orthobiologics revenue is expected to be approximately $16.7 million. Compared to the fourth quarter of 2015, total U.S. revenue is expected to decrease approximately 4%, to approximately $29.9 million, with both spinal hardware and orthobiologics revenue expected to decrease approximately 4%. Preliminary and unaudited full year 2016 revenue is expected to be in the range of $128.8 to $129.0 million. Cash and cash equivalents at December 31, 2016 are expected to be approximately $14.6 million and outstanding borrowings under the credit facility are expected to be approximately $3.8 million.