Mazor Robotics crushes expectations with Q3 results

Mazor Robotics (NSDQ:MZOR) today reported third-quarter results that blew past the consensus forecast on Wall Street, more than doubling sales and paring its losses by more than 30%. The Caesarea, Israel-based robot-assisted surgery company posted losses of -$3.7 million, or -7¢ per share, on sales of $17.2 million for the three months ended Sept. 30, cutting red ink by -30.1% on sales growth of 125.4% compared with Q3 2016. Get the full story at our sister site, The Robot Report. The post Mazor Robotics crushes expectations with Q3 results appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: MassDevice Earnings Roundup Robotics Wall Street Beat mazorrobotics Source Type: news