Vicarious Surgical Q4 Adj EPS $(0.07) Beats $(0.12) Estimate; Expects Full Year 2024 Cash Burn Of Approximately $50M
Portfolio Pulse from Benzinga Newsdesk
Vicarious Surgical (NYSE:RBOT) reported a Q4 adjusted EPS loss of $(0.07), surpassing the $(0.12) estimate, marking a 56.25% improvement from last year's $(0.16) loss. The company anticipates a $50M cash burn for FY 2024.

March 04, 2024 | 10:00 pm
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Vicarious Surgical reported a smaller than expected Q4 loss and showed significant improvement over the previous year. They anticipate a $50M cash burn in 2024.
The better-than-expected quarterly results and the significant year-over-year improvement in losses are positive signals for investors, potentially leading to increased investor confidence and a positive short-term impact on RBOT's stock price. However, the anticipated cash burn of $50M in 2024 could raise concerns about the company's future cash position, tempering some of the positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100