Stereotaxis (NYSEAMERICAN:STXS) Issues Earnings Results

Stereotaxis (NYSEAMERICAN:STXS) posted its earnings results on Monday. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03), Zacks reports. Stereotaxis had a negative net margin of 87.38% and a negative return on equity of 136.10%. The company had revenue of $9.20 million for the quarter, compared to analysts’ expectations of $6.80 million.

Stereotaxis Trading Up 22.2 %

Shares of NYSEAMERICAN STXS traded up $0.41 during midday trading on Tuesday, hitting $2.26. 991,042 shares of the company’s stock were exchanged, compared to its average volume of 293,651. Stereotaxis has a 12-month low of $1.40 and a 12-month high of $3.29. The firm has a market capitalization of $191.33 million, a price-to-earnings ratio of -8.37 and a beta of 1.55.

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.