earnings
confidence high
sentiment neutral
materiality 0.75
Stereotaxis reports Q1 revenue $6.3M, net loss $5.9M; guides FY26 rev >$40M; MAGiC FDA approved, Robocath acquisition
Stereotaxis, Inc.
- Revenue $6.3M vs $7.5M YoY; net loss $5.9M; cash $14.6M, no debt.
- MAGiC catheter (FDA approved Jan) and Synchrony system (FDA cleared Apr) now in commercial use.
- Definitive agreement to acquire Robocath, combining complementary robotic technologies.
- Guides FY26 revenue >$40M, double-digit growth; Q3 and Q4 each >$10M.
- Manufacturing ramp for MAGiC targets 500/month by year end; winding down J&J relationship.