Stereotaxis (STXS) Reports Q3 Capital Orders Up 94% YoY; Cuts FY10 Sales Outlook Amid Installation Delays

October 13, 2010 4:08 PM EDT
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Stereotaxis (Nasdaq: STXS) reports Q3 capital orders of $12.2 million, up 94% on a year-over-year basis.

Sees sales growth for the second half of this year being impacted by installation delays in Q3 and Q4. Sees Q3 sales guidance from to $13.4-$14 million, vs. the consensus of $16.10 million. Lowers FY10 sales growth guidance from mid-twenty percent range to high-single digit range.

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