Recap: Stereotaxis Q3 Earnings
Portfolio Pulse from Benzinga Insights
Stereotaxis (AMEX:STXS) reported its Q3 earnings, missing estimated earnings by 16.67% with an EPS of $-0.07 versus an estimate of $-0.06. However, revenue was up $142 thousand from the same period last year. Last quarter, the company also missed on EPS which was followed by a 3.11% drop in the share price the next day.
November 09, 2023 | 2:15 pm
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Stereotaxis's Q3 earnings missed estimates, which could potentially lead to a drop in share price, similar to the 3.11% drop observed last quarter after an EPS miss.
Stereotaxis missed its Q3 earnings estimates, reporting an EPS of $-0.07 versus an estimate of $-0.06. This underperformance could negatively impact investor sentiment and lead to a drop in the company's share price. This is further supported by the company's past performance, where a miss on EPS last quarter led to a 3.11% drop in the share price the next day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100