Stereotaxis Q3 EPS $(0.07) Misses $(0.06) Estimate, Sales $7.80M Miss $8.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stereotaxis (AMEX:STXS) reported Q3 losses of $(0.07) per share, missing the analyst consensus estimate of $(0.06) by 16.67%. The company also reported quarterly sales of $7.80 million, missing the analyst consensus estimate of $8.28 million by 5.81%. This represents a 1.85% increase over sales of $7.66 million the same period last year.
November 09, 2023 | 2:01 pm
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NEGATIVE IMPACT
Stereotaxis reported Q3 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Stereotaxis reported lower than expected earnings and sales for Q3. This underperformance could lead to a decrease in the company's stock price as it indicates potential operational and financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100