Stereotaxis Q2 2024 GAAP EPS $(0.07) Misses $(0.05) Estimate, Sales $4.502M Miss $5.625M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stereotaxis (AMEX:STXS) reported Q2 2024 GAAP EPS of $(0.07), missing the $(0.05) estimate by 40%. Sales were $4.502M, missing the $5.625M estimate by 19.96% and down 42.72% from $7.859M last year.
August 12, 2024 | 8:10 pm
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Stereotaxis reported Q2 2024 GAAP EPS of $(0.07), missing the $(0.05) estimate by 40%. Sales were $4.502M, missing the $5.625M estimate by 19.96% and down 42.72% from $7.859M last year.
The significant miss on both EPS and sales estimates, along with a substantial year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100