Microbot Medical (NASDAQ:MBOT) Posts Earnings Results, Misses Expectations By $0.03 EPS

Microbot Medical (NASDAQ:MBOT) released its quarterly earnings results on Tuesday. The biotechnology company reported ($0.37) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.34) by ($0.03), Fidelity Earnings reports.

Shares of NASDAQ:MBOT opened at $8.36 on Friday. Microbot Medical has a 12 month low of $4.81 and a 12 month high of $12.20. The stock’s 50 day moving average price is $8.79 and its 200 day moving average price is $7.97.

Separately, Zacks Investment Research raised Microbot Medical from a “sell” rating to a “hold” rating in a report on Wednesday, January 20th.

About Microbot Medical

Microbot Medical Inc, a pre-clinical medical device company, researches, designs, and develops micro-robotics assisted medical technologies targeting the minimally invasive surgery space. The company, through its ViRob, TipCAT, and Liberty micro-robotic technologies, developing Self Cleaning Shunt for the treatment of hydrocephalus and normal pressure hydrocephalus; a disposable self-propelled locomotive device to treat capabilities within tubular lumens, such as the blood vessels, respiratory, and the urinary and GI tracts; a combination of a guidewire and microcatheter technologies that are used for endoluminal surgery; and maneuver guidewire, microcatheters, and over-the-wire devices within the body's vasculature.

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Earnings History for Microbot Medical (NASDAQ:MBOT)

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