Stereotaxis (STXS) Reports Q4 Loss Per Share of $0.10

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Go back to Stereotaxis (STXS) Reports Q4 Loss Per Share of $0.10

Stereotaxis Reports 2015 Fourth Quarter and Full Year Financial Results

February 22, 2016 4:05 PM EST

New capital orders of $5.1 million in the fourth quarter, including two Niobe® ES system orders in JapanFourth quarter free cash flow of $1.6 million, driving a 71% reduction in full year cash burn compared to 2014Ventricular Tachycardia procedures in the fourth quarter grew 28% year over year, with increased clinical evidence supporting Stereotaxis technology as the standard of careTotal revenue for 2015 increased 8% year over year to $37.7 millionFull year systems revenue increased 36% year over year on seven Niobe® ES system sales, up from three in 2014Conference call today at 4:30 p.m. Eastern Time

ST. LOUIS, Feb.... More