Stereotaxis Inc. (STXS) Reports Q3 Loss, Tops Revenue Estimates
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Stereotaxis Inc. (STXS) reported a Q3 loss of $0.08 per share, which was larger than the Zacks Consensus Estimate of a $0.05 loss. However, the company exceeded revenue expectations.
November 11, 2024 | 11:30 pm
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Stereotaxis Inc. reported a larger-than-expected Q3 loss of $0.08 per share, missing the Zacks Consensus Estimate of $0.05. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact investor sentiment in the short term, despite the positive revenue performance. The market often reacts more strongly to earnings per share results, especially when they miss estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100