Stereotaxis Q2 EPS $(0.07), Inline, Sales $7.86M Beat $6.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stereotaxis (AMEX:STXS) reported Q2 losses of $(0.07) per share, in line with analyst consensus. The company's quarterly sales of $7.86 million beat the analyst consensus estimate of $6.68 million by 17.65%, a 27.75% increase from the same period last year.
August 10, 2023 | 1:01 pm
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Stereotaxis reported Q2 earnings in line with estimates and sales beating estimates, indicating a strong financial performance.
Stereotaxis reported Q2 earnings in line with analyst estimates, which is generally seen as a positive sign. Moreover, the company's sales beat estimates by a significant margin, indicating strong revenue growth. This could potentially lead to a positive market reaction, driving the stock price up in the short term.
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