Brief: Stereotaxis Reports 2022 Full Year Financial Results

Stereotaxis

03/03/2023 14:04

March 3 (Reuters) - Stereotaxis Inc  STXS.A :
    * STEREOTAXIS REPORTS 2022 FULL YEAR FINANCIAL RESULTS
    * REVENUE FOR Q4 OF 2022 TOTALED $7.3 MILLION, COMPARED TO
$8.2
MILLION IN PRIOR YEAR Q4
    * EXPECTS DOUBLE-DIGIT REVENUE GROWTH IN 2023 DRIVEN BY
REVENUE
RECOGNITION OF SYSTEM BACKLOG AND NEW SYSTEM ORDERS
    * 2023 SYSTEM ORDERS ARE ALSO EXPECTED TO INCREASE COMPARED
TO
2022, SUPPORTING SUSTAINED GROWTH EXPECTATIONS
    * OPERATING LOSS AND NET LOSS FOR Q4 OF 2022 WERE $4.5
MILLION AND
$4.2 MILLION, RESPECTIVELY
    * Q4 REVENUE VIEW $8.5 MILLION -- REFINITIV IBES DATA

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