Stereotaxis (NYSEAMERICAN:STXS) Issues Earnings Results

Stereotaxis (NYSEAMERICAN:STXS) released 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. The firm had revenue of $9.20 million for the quarter, compared to analyst estimates of $6.80 million. Stereotaxis had a negative net margin of 87.38% and a negative return on equity of 136.10%.

Stereotaxis Trading Up 22.2 %

NYSEAMERICAN STXS traded up $0.41 on Tuesday, reaching $2.26. The company had a trading volume of 991,042 shares, compared to its average volume of 293,651. The firm has a market capitalization of $191.33 million, a P/E ratio of -8.37 and a beta of 1.55. 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.