Stereotaxis (NYSEAMERICAN:STXS) Announces Quarterly Earnings Results

Stereotaxis (NYSEAMERICAN:STXS) posted its quarterly earnings results on Monday. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.03), Zacks reports. The firm had revenue of $9.20 million during the quarter, compared to analysts’ expectations of $6.80 million. Stereotaxis had a negative net margin of 85.79% and a negative return on equity of 153.10%.

Stereotaxis Stock Performance

STXS stock opened at $2.26 on Wednesday. Stereotaxis has a 52-week low of $1.40 and a 52-week high of $3.29.

About Stereotaxis

Stereotaxis, Inc designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. Its robotic magnetic navigation (RMN) systems include the Genesis RMN and Niobe systems, which enable physicians to complete complex interventional procedures by providing image-guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites.