earnings
confidence high
sentiment negative
materiality 0.75
Stereotaxis Q2 revenue $6.2M, down 32% YoY; net loss $5.2M; cash $35.1M
Stereotaxis, Inc.
2022-Q2 EPS reported
-$0.13
revenue$13,189,000
- Revenue $6.2M vs $9.1M YoY; system revenue $0.6M, recurring $5.6M.
- Net loss $5.2M; prior-year net loss $1.2M included $2.2M PPP loan forgiveness.
- Adjusted net loss (excl. stock comp) $2.5M; operating expenses $9.8M.
- Cash $35.1M, no debt; expects year-end cash ~$32M; no additional financing needed.
- Backlog over $12M supports 2022 revenue growth guidance; cautious on hospital construction timelines.