Stereotaxis Reports Strong Q3 Growth in Robotics [Yahoo! Finance]
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Stereotaxis, Inc. (STXS)
US:NASDAQ Investor Relations:
ir.stereotaxis.com
Company Research
Source: Yahoo! Finance
Stereotaxis, a leader in surgical robotics for minimally invasive endovascular interventions, provides cutting-edge robotic systems that enhance patient care and operational efficiency in the medical field. In its third quarter of 2024, Stereotaxis reported a strong revenue growth of 18% year-over-year, driven primarily by the increasing demand for its Genesis robotic systems and successful integration of Access Point Technologies (APT). The company showcased advancements in its innovation strategy, including regulatory progress for its MAGiC ablation catheter and GenesisX robotic system, while also highlighting successful audits in China. Financially, Stereotaxis achieved $9.2 million in revenue, with a notable increase in both system and recurring revenues. Despite operating and net losses, the company maintained a solid balance sheet with over $13 million in cash and no debt by the end of October. Looking forward, Stereotaxis remains optimistic about continued revenue growth and a
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STXS
News
- STXS Stock Gains Following the First Order for its GenesisX [Yahoo! Finance]Yahoo! Finance
- Stereotaxis to Report Fourth Quarter and Full Year 2024 Financial Results on March 3, 2025GlobeNewswire
- Stereotaxis Announces First GenesisX Robotic System Order [Yahoo! Finance]Yahoo! Finance
- Stereotaxis Announces First GenesisX Robotic System OrderGlobeNewswire
- Stereotaxis Receives CE Mark Approval for the MAGiC Ablation CatheterGlobeNewswire
STXS
Earnings
- 11/11/24 - Miss
STXS
Sec Filings
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- STXS's page on the SEC website