Stereotaxis Q1 2024 GAAP EPS $(0.06), Inline, Sales $6.880M Miss $7.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stereotaxis (AMEX:STXS) reported Q1 2024 earnings with a GAAP EPS of $(0.06), meeting analyst estimates, and sales of $6.880M, missing estimates by 1.71%. Year-over-year, EPS improved by 14.29% and sales increased by 5.07%.
May 13, 2024 | 8:17 pm
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Stereotaxis reported a Q1 2024 GAAP EPS of $(0.06), in line with estimates, and a slight miss in sales at $6.880M versus the $7.000M estimate. The EPS shows a 14.29% improvement from the previous year, and sales have grown by 5.07%.
The EPS meeting estimates and the slight miss in sales expectations suggest a neutral short-term impact on STXS's stock price. The year-over-year growth in both EPS and sales indicates underlying strength, but the miss on sales estimates could temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100