Robotic surgery firm Stereotaxis's Q3 net loss widens

Reuters
Nov 12
Robotic surgery firm Stereotaxis's Q3 net loss widens

Overview

  • Stereotaxis Q3 2025 revenue declines to $7.5 mln, system revenue significantly lower

  • Company reports Q3 net loss of $6.5 mln, slightly wider than last year

  • Stereotaxis expects Q4 revenue to exceed $9 mln, driven by new product launches

Outlook

  • Stereotaxis expects Q4 revenue to exceed $9 mln, with system revenue around $3 mln

  • Company anticipates annual revenue growth of over 20% for 2025

  • Stereotaxis projects quarterly revenue to surpass $10 mln in 2026

Result Drivers

  • NEW PRODUCT LAUNCHES - MAGiC Sweep and MAGiC ablation catheter contributed to recurring revenue growth

  • REGULATORY ADVANCEMENTS - FDA clearance for GenesisX and CE Mark for Synchrony expected to drive future growth

  • CATALOG EXPANSION - Ongoing development of catheter innovations to boost commercial results

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$7.46 mln

Q3 EPS

-$0.07

Q3 Net Income

-$6.46 mln

Q3 Operating Expenses

$10.66 mln

Q3 Operating Income

-$6.56 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

  • Wall Street's median 12-month price target for Stereotaxis Inc is $4.00, about 30.1% above its November 10 closing price of $2.80

Press Release: ID:nGNXbzKVfj

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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