Stereotaxis (NYSEAMERICAN:STXS) Issues Quarterly Earnings Results

Stereotaxis (NYSEAMERICAN:STXS) issued its earnings results on Monday. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03), Zacks reports. The business had revenue of $4.50 million for the quarter, compared to the consensus estimate of $5.70 million. Stereotaxis had a negative return on equity of 111.94% and a negative net margin of 73.32%.

Stereotaxis Stock Down 5.5 %

NYSEAMERICAN STXS traded down $0.11 during trading on Wednesday, reaching $1.90. The company’s stock had a trading volume of 63,655 shares, compared to its average volume of 322,213. Stereotaxis has a one year low of $1.40 and a one year high of $3.29. The firm has a market capitalization of $157.02 million, a P/E ratio of -7.37 and a beta of 1.52.

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.